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Results (10,000+)
Patrick Kelly Trailer Park Investment Property Financing
27 February 2020 | 2 replies
Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.
Patrick Kelly Trailer Park Investment Property Financing
26 February 2020 | 0 replies
Current rents per month: for whole park ~4KFair market rents per month: I'd guess just at > $500/unit and offload the utility costs on the renters, current paid by park ownerDown payment or equity: Expect I could come up with 30% down if neededSource of down payment funds, if applicable: own funds and borrowing from/against IRA/brokerage acctIncome Source: Salaried in telecom construction management for ~20yrsGross monthly income (optional): $5K/moMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $3KFICO: Excellent 800Credit issues: just mortgaged a rental property in Feb and cannot yet show rental income history to offset costs.
Jack B. How to deduct for this damage?
27 February 2020 | 5 replies
Make a list and deliver the security deposit back to the tenant minus the repairs; supported by invoices.
Voltaire G. Choosing where to invest out-of-state (OOS)
10 March 2020 | 9 replies
Maybe this is my contractors, but there is a reason flipping is a full time job.For out of state investment, I would be looking for turnkey operators, or find a partner in the market, where you both will have skin in the game to do it correctly.  
Lauren Finn Rhode Island RE investing
27 February 2020 | 10 replies
You will also meet some really great people that support this group such as Lawyers, contractors, mentors, real estate agents, etc.. 
Jayson Bell Self directed IRA to save for investment properties?
28 February 2020 | 7 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
Jacob Rowland College Student Trying to Initiate Line of Credit
27 February 2020 | 11 replies
The old "sheep skin" isn't worth what it used to be, but the knowledge absolutely is. 
Lauren Rhea Ways to invest other than buying property
27 February 2020 | 1 reply
The key will be finding the company, in your desired market, that has the technology in order to support that style of REI. 
Deniz Eker Compare Turnkey vs Syndicate
28 February 2020 | 6 replies
Turnkey rentals and investing in apartment syndication are backed by real estate, so I’m supportive of both.
Rajan Udeshi Investing in San Antonio Remotely
28 February 2020 | 6 replies
They have more skin in the game then you do.Make sure you get clear title.