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4 November 2021 | 4 replies
In case you are eligible for the Solo 401k, here are some of the benefits it would offer compared to a self-directed IRA:Solo 401k contributions limits are roughly ten times higher than IRA limitsThere is no custodial requirement for the 401kYou don't need the additional expense and administration of an LLC to have checkbook controlThere is a built in-Roth component whereas IRAs are either traditional or Roth, not bothA spouse can also participate in the same Solo 401k planThe Solo 401k has additional tax benefits over an IRA when investing into real estate using leverageThe penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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4 November 2021 | 4 replies
I am wondering how the math works when comparing one 2 to 3 bedroom house with one 6-bedroom house since I am wondering if a 6-bedroom house has less bookings and higher costs for cleaning, insurance and maintenance.
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14 November 2021 | 8 replies
Currently, the rent from them is 14,000 -$15,000 a month.My question is, how much less would expect to receive if selling them as a group compared to individually.
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12 November 2021 | 9 replies
I can run rent comparables for you, but yes that sounds right for virginia beach depending on the condition.
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4 November 2021 | 0 replies
Then lately, I found myself seeing a better returns and higher CAP rate in stabilized rental building (low raise 6-8 units) compares to other FM multifamily rental building in the area.
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5 November 2021 | 2 replies
Then lately, I found myself seeing a better returns and higher CAP rate in stabilized rental building (low raise 6-8 units) compares to other FM multifamily rental building in the area.
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7 November 2021 | 1 reply
I did estimate the ARV along the conservative side compared to the comps in the area that have been sold in the 6-12 months and are the square footage, lot size, bedrooms etc.
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5 November 2021 | 7 replies
In Denver anyways, it is way easier to rent out in the Summer compared to the Winter.
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13 November 2021 | 14 replies
We're on the fence about a similar deal and comps are … not very comparable.
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5 November 2021 | 2 replies
Always easier to succeed close to home.Also, unless you plan to pursue STR market, up north doesn't offer comparable returns to the Metro Detroit market.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...