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17 October 2019 | 21 replies
You've received excellent perspectives already; I would add a few items (and potential thought processes) that have the ability to present challenges:1) Poorly Drafted PPM - a well-written private placement memorandum becomes an appropriate reference when potential challenges arise with investors.
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28 August 2019 | 3 replies
I’ve heard mixed reviews on doing this so I thought I would get a BiggerPockets perspective on becoming an agent or not!!
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28 August 2019 | 8 replies
The tax code says very little about the type of assets that can be invested in within a tax-sheltered retirement account.So, from the perspective of the congress and the IRS, mutual funds and real estate are equally OK for tax-favored retirement accounts.For a variety of reasons -some good ones and some not-so-good - standard IRAs, 401(k)s, & other QRPs impose "artificial" restrictions on the assets that the account can be invested, thereby restricting you to the provided "menu" of investment choices.However, although congress and the IRS don't have much to say about what type of assets your 401k/IRA/QRP - they do care about "self-dealing" with those accounts and have put in place rules to prevent that."
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28 August 2019 | 0 replies
Anyone have suggestions for one they've used and enjoyed from both a quality and cost perspective?
30 August 2019 | 8 replies
But, strictly from an investment perspective, there is value to that money not going out there to capture more dollars for you.
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29 August 2019 | 2 replies
Trade - barter this property for cash flowing rental(s) (I have no idea how this is viewed from a tax perspective.
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29 August 2019 | 7 replies
Here are my rough numbers: ~100 responded via email (many had not read the ad well enough to note they did not qualify for some reason such as no pets and/or no smoking and were instantly eliminated), ~15 came to one or both open houses but about 5-10 of the 100 were still interested and indicated they wanted to see the unit), we got 2 applications of which one perspective tenant pulled their application after we started processing it (so they forfeit their application fees).
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4 September 2019 | 58 replies
Now, make sure you get a very good electrician to ensure that from a safety perspective you are fine without the update.
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31 August 2019 | 3 replies
From this TK perspective, even when the numbers look good on excel for my expectations, one thing I'm still trying to get comfortable with is vacancy / turnover between tenants.
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3 September 2019 | 9 replies
Thank you, Anthony, for another perspective.