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18 June 2015 | 6 replies
Downpayment Funding Sources SavingsHome Equity Lines401K Loans2nd MortgagesRoth IRA self-directed optionsDeal StructuresThe deal structure will be to 1.Acquire the property2.Rehab the property as necessary3.Rent out the property4.Try to keep tenants for as long as possible5.Maintain the property6.Rehab the property during turnover7.Keep repeating until a sale or more rentersExit Strategies 1.Buy and Hold and use home equity lines of credit to fund future deals2.Buy and Hold until the rent is 0.5% of sales price3.Buy and Hold and sell to invest in a down stock market.Team and SystemsTeam RealtorContractorHandymanReal Estate LawyerAccountantMentorThink TankMortgage BrokerTitle RepInsurance AgentProperty ManagerSystems Automated PaymentsAutomated Maintenance Request SystemExample Deals 1.Identify a property, say 100K that can rent for 1200 a month. 2.Rehab the property for 10K within a month 3.Look for renters. 4.Place renter in the home with a year contract. 5.Renew the lease.
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19 June 2015 | 1 reply
Is anyone on BP renting out shipping containers as self storage with any success?
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6 July 2015 | 7 replies
Likely certified and regular mail would be sufficient.
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17 June 2015 | 8 replies
So for all the readers of this post, my questions in sought of direction and sufficient instruction, can my idea be accomplished successfully without violating any rules that the advisors would be faced with?
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18 June 2015 | 4 replies
She has no actual, personal, hardship and has sufficient income.
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22 June 2015 | 11 replies
Recording the time needed to self manage will help shape your investment plan going forward.
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25 June 2015 | 9 replies
In my research, I was reading an article in Forbs about self-made millionaires.
5 March 2016 | 10 replies
However, caution here: you need to ensure that it cashflow supports principal+interest+taxes (+PM if not self managing) for the morgage and the loan repayments..good luck
22 June 2015 | 14 replies
Expensive and may not be worth it: Level it with self-leveling compound.
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29 September 2015 | 13 replies
We self manage from across the country.