Andrew Caldieraro
step-by-step process to purchasing a small MF complex
17 September 2018 | 10 replies
First, are there any additional steps that I missed?
Kimberly Gillock
Annual HOA fee to have renters ("lease maintenance fee??")
25 September 2018 | 5 replies
However, if they wanted to justify it, I'm sure the justification is that renters cause more problems than owners; renters tend to live then shorter periods of time and there are expenses when someone moves in/out such as extra trash pick-ups, programming them into an entry system, cleaning costs as the move in/out can be messy around the building, light damage to the building, scheduling of the freight elevator, cost of providing additional notices as now the tenant and owner need to receive copies, etc.
Phil Restivo
Made 10 different offers over asking, Can’t close on a deal?
16 September 2018 | 2 replies
Here are some tips that I sometimes put my offers on if I were representing my buyer(s) especially on a hot market like it is down here in South, FL.Deposit = $5% of purchase price Additional deposit = $5k-10k upon offer acceptance.
Sam Ojo
Commercial apartment building
15 September 2018 | 3 replies
This adds an additional layer of risk and you really have to be careful here.
John Warren
Achieving a goal with a 19 unit value add
24 September 2018 | 10 replies
Even with our conservative underwriting, a 2 bedroom unit will generate an additional $2400 per year in revenue.
Brian Stike
Creative ideas to minimize loss?
18 September 2018 | 6 replies
Hi all, I currently own two rental properties and have owned a few additional about a decade ago when I lived in another state.
Erin Genz
Just starting out after 10 years as a landlord
16 September 2018 | 4 replies
So....Would you be willing to buy additional real estate.
Shannon Grierson
Buying a property from my LLC for personal use
14 September 2018 | 2 replies
I hope that makes sense how I am describing this but feel free to tag me with any additional questions.
TJ H.
Developer building high-rise behind me-want to buy my twin duplex
18 September 2018 | 23 replies
Hi,My sister and I own a twin duplex near Philadelphia, PA.
Chris Williamson
Looking for cpa who deals with self directed ira
16 March 2022 | 13 replies
It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)