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5 November 2021 | 2 replies
Should I reduce the offer price and not collect monthly rent but ask that they pay utilities and other stuff like cable, etc?
28 November 2021 | 6 replies
Or if the site needs to be rezoned- locations of existing utilities. - Stormwater/detention requirements and any restrictions due to site topographyFrom there you can go down the road for a surveyor and a full engineering contract.
6 November 2021 | 13 replies
I try to get the highest end looking product that I can without the fuss of tons of digital controls.
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3 November 2021 | 0 replies
It is a fourplex with a SFH on the same property, on market (98 days), where tenants pay all utilities.
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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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9 November 2021 | 4 replies
The biggest problem I’ve found with doing a major repair in a room that the tenants can’t utilize that room until it’s finished.
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5 November 2021 | 3 replies
I made the payments on the loan for him until it was refinanced and paid him 2 points for allowing me to utilize the funds.
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15 August 2022 | 3 replies
In the Denver Metro area, which cities/municipalities are good for utilizing this STR strategy?
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11 November 2021 | 38 replies
I consistently see double digit cap rates and COC returns.
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7 November 2021 | 1 reply
I will cover utilities up to a budgeted amount of ~$1500-$2000 a month as well as water and wifi.