Toshiki Hoshino
Self Directed IRA - Mobile Home Park Investing
12 May 2021 | 25 replies
At that point, you should think about putting it into a syndication since you are restricted on how you can leverage it.I work with people to come up with a strategy to withdraw their 401k to minimize taxes.
Spencer Cornelia
Brokers for Out of State Agents
23 April 2019 | 7 replies
If you’re just doing a couple transactions a year for yourself, and not chasing clients for real estate, you may be better off finding a broker that will charge you minimal fees.
Josiah Sia
Analyzing a hybrid LTR and STR House Hack
7 January 2023 | 2 replies
Property $550,000Tax $14,000 annualFHA/PMI $400Insurance $250Repairs: looks to be minimal but no inspection yetEstimated Mortgage $3,600Estimated Closing costs: $6300Estimated LTR Income (2 units): $2200Estimated STR Income (1 unit): $20004th unit we will be living in, using FHA 3.5% downRUBS ImplementedI'm getting that the cash flow is -$1,182.55 but we were paying about $1650 mortgage before.
Brad Babiak
Smoke Detector Recommendations
10 March 2020 | 8 replies
I know some owners who did and are now shelling out another $500 a few years later.I would recommend Kidde. 10 Year shelf life, minimal issues, and super easy to install.
Robert Obniski
Can I cite this Pandemic to back out of a deal?
31 March 2020 | 13 replies
However, continued costs through delayed holding time is not recoverable.
Ryan Wittig
Three Family Gut Rehab in Jamaica Plain (Boston)
18 January 2020 | 0 replies
We also had a plumber abandon the job (ask me for his name), which caused us a two month delay...The project came on the market in the winter of 2018/2019 which was a horrible time for the market.
Farshad Mansouri
How much do you set aside for CapEx, PM, maintenance, etc.?
19 January 2020 | 8 replies
If you update most of the items during the rehab, you should have at least a few years with no/minimal repairs or capex expenses.
Jeff Stansberry
Tips for flipping with a partner
24 January 2020 | 2 replies
Plan for the worst events - cost overruns, time delays, disappearing contractors.
Scott Savard
What construction materials are you using for buy & hold rentals?
12 March 2020 | 21 replies
We always install knobs and pull bars to minimize grime and wear on the doors.- we typically use the same paint "White Clay" in eggshell from Behr, not available anymore but Sherwin Williams custom mixes it for us.
Hasan Powell
Is Connecticut a profitable wholesaling market
19 January 2020 | 11 replies
PPC costs money per CLICK and requires skill and experience to minimize cost and maximize conversions.