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18 April 2024 | 5 replies
Recently they have started creating issues.
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18 April 2024 | 2 replies
In 2023 we had no major expenses, occupancy was right at 59.7% (218 nights) and we averaged about $175 per night.
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18 April 2024 | 1 reply
Is the property ready to rent or needs major renovations?
18 April 2024 | 12 replies
I don't have time to cold call, find off market listings, growing markets, run numbers, etc.If it isn't on zillow, I do not know about it.Luckily, the financial side of things is not an issue and I am very willing to put capital to work.Here is my ideal scenario (not sure if this even exists but I'll try):- Investor friendly agent that can send deal flow- Likes numbers so I can make better decisions- Can help with upgrades and getting properties ready for renters- If full BRRRR property, manage that rehab project.- Can help finding, or being, the property manager.Time and expertise are my largest constraints.Capital and motivation to put that capital to work and my best assets for this specific scenario.This can be a great relationship leading to dozens of deals if we do it right.However, I do not know where to go.Please help.
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17 April 2024 | 8 replies
But you can still depreciate major repairs though?
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18 April 2024 | 1 reply
A couple moved in 3 months back, they had some personal issues and apparently have moved out without informing.
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17 April 2024 | 18 replies
The videos I watched said that you can finance the property but it’s not the same as a traditional mortgage it’s kind of reverse and with a SDIRA property you need to put down like 50-80% and finance the rest because they’re most concerned with a large cash flow being generated to grow your investment and also to be there in case there’s any major repairs because those also have to come out of the account, you just can’t pay for a new roof for it out of pocket it has to come out of the SDIRA account.
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18 April 2024 | 2 replies
People ask about due on sale clause, so research that issue.
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16 April 2024 | 1 reply
I purchased a bunch of PSI exams and books, no issues obtaining an excellent grade (PSI wording, not mine).
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18 April 2024 | 33 replies
As you may be aware they do not issue a refund.How is your duplex working out?