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Results (10,000+)
James Hendricks Finding market cycle information? Philadelphia
9 March 2017 | 6 replies
I know about the services Costar offers, but I'm wondering who or where typically has this information on hand locally?
Shaquanda Taylor Beginner in Real Estate in Philadelphia
16 August 2016 | 7 replies
It's best to keep the utilization rate around 30%.
Adam Craig How much do you pay to remodel a bathroom?
15 August 2016 | 4 replies
I have a guy that works way cheaper then he should and does them for about $1300 labor which I know is crazy so I am trying to get a grasp on reality when I start shopping rates again.For a small full bathroom we typically do a complete gut except we keep the tub and reglaze it -  Labor usually consists of ceramic tile shower surround/tile floor - new toilet,light,mirror,towel bar,faucet, shower head - trim and painI know this is region specific but just interested to hear others
Christina R. Agents with experience buying land
14 August 2016 | 3 replies
How long would you make your study period (what is typical for residential zoning) and what specific questions would you be seeking to answer?  
TJ Peterkin Purchasing Flips w/ No Money Down
15 August 2016 | 3 replies
If you can successfully profit on a flip on 1 in 10 deals utilizing all cash, it becomes 1 in 50 deals utilizing 80% leverage and 1 in 500 utilizing 100% leverage.  
Dwayne Jones Do you think appraisers typically make fair reports?
15 August 2016 | 7 replies
Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor.
Dan Krupa Retirement accounts as collateral
17 August 2016 | 11 replies
@Dan KrupaFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andThe Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Tony D. Fall River Massachusetts. investor advice
27 June 2018 | 16 replies
With that particular property I was able to pick it up with all utilities sub metered(which is awesome btw).  
Derrick W. "Handymen" and your insurance
16 August 2016 | 2 replies
No, typically your liability insurance would typically not cover damage done due to negligence of those you hire.  
Rob Terpilowski Hello From Seattle, Washington
28 August 2016 | 16 replies
I am very interested in utilizing the BRRRR strategy to acquire multi-family properties while continuing to flip properties in order to grow my capital.