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25 April 2024 | 14 replies
You just don't go 15 years without major expenses.Will you go to Memphis in person to take a look at this property or others?
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26 April 2024 | 6 replies
Let them set a month to month lease and then pay you as the cleaner/maid/contact person.
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25 April 2024 | 2 replies
He has nearly 40 years experience and his properties are owned in his personal name.
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25 April 2024 | 4 replies
A 1031 exchange is only an option if the properties you're selling and the property you're buying are for business use (generally, that means they have to be rental properties, used for your business, or held strictly for appreciation and not used for personal use).
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25 April 2024 | 6 replies
They are not typically designed to create a profit for the person running it, although frequently that person does well on the deals that come through the REIA's membership.
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25 April 2024 | 3 replies
All transactions involving your IRA must be "arm's length," meaning that you or any other "disqualified person" can't be involved directly or indirectly, and that is not the case as you described above.
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27 April 2024 | 42 replies
The issue we have with some OOS investors is that they never have seen their property in person, they just leave it to the PM and object every repair bill.
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26 April 2024 | 8 replies
I also personally invest in STR's and own one in Traverse City.
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25 April 2024 | 11 replies
That person is brokering without a license.
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25 April 2024 | 11 replies
I had another but sold it to free up some capital and improve my personal debt position.