Hello all, I have a client that utilizes a self-directed IRA to hold his rental properties in.

The 7.5% service fee, according to their website is for "The expenses we take on after closing (taxes, maintenance, utilities, etc.)" and "Any risks associated with reselling the house — like an offer falling through"Dumb, I know.

I will definitely utilize this when shopping around for a loan!

Ashwin - From what I can see from your analysis I would make sure you have insurance as well as (common) utilities in your expense items.

Completely legal and she'll likely disappear.Another option is to utilize various delay tactics, though I don't personally like this option.

Some of your expenses may be limited.In regards to expenses, you may be able to pro-rate utilities, mortgage interest, depreciation expense, real estate taxes, etc to name a few deductions.

An investment makes you money, which means you get more money coming in than going out.The trouble is, you have to count not only the hard cost to buy (price, rehab, etc... but also the soft costs to operate (insurance, utilities, etc...). 

Looking for ideas and/or suggestions on recommended real estate apps, tools, or software to utilize. 

Have anyone received an email or letter from ramp stating it’s an approval letter my application has been paid 2 weeks and utilities paid but my landlord haven’t  updated my account on my web portal as of yet my rent was due November 5th I’m trying to see do I need to paid them out of pocket or has ramp already paid them because that will be double pay I don’t won’t late fees or court orders

Out here, the norm is to utilize realtors and go through a title company.