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2 August 2018 | 5 replies
Can you wholesale property that you don't own using your self-directed IRA?
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3 August 2018 | 8 replies
In the end the amount of money you make will be directly related to how many clients you have, or how much real estate you own.
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6 August 2018 | 9 replies
It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.
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3 August 2018 | 17 replies
I heard that you can use a self-directed IRA to purchase real estate.
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7 August 2018 | 5 replies
Knowing all four of these would really help myself, and others here on BP guide you in the right direction.
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30 April 2019 | 41 replies
I am skeptical in regards to direct deposit.
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10 August 2018 | 7 replies
Can anyone direct me where I would need to look in order to find information regarding what the landlord MUST provide the tenet?
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19 August 2018 | 8 replies
I actually came across this yesterday trying to register a new property per the old requirement and the site for registrations now directs you through a part that asks for inspection info and an upload of an inspection document.
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2 August 2018 | 12 replies
We're on the top floor with direct roof access.
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5 August 2018 | 2 replies
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