24 February 2017 | 3 replies
You can see this in the stock market every time as well.Irrespective of that, it's something I have said and seen for a long time: more and more people need to rent (vs being able to buy themselves), for a variety of resons.
1 March 2017 | 6 replies
They sell for less than a single family home but they sell better than a townhome with an HOA.If the home fits into the neighborhood and is well maintained, it could be a desirable property.
26 February 2017 | 14 replies
I'm typically very conservative in my investments, but to make the 20 or 25% downpayment, I don't want to sell stocks or borrow from my 401k.1) have you ever taken a "personal loan" from a bank to help fund a downpayment?
25 February 2017 | 5 replies
I just have hard time seeing 3-5K sitting in a bank savings account losing money YoY, but I guess anything outside of that like a CD either locks up the money, stocks, bonds, mutual funds have risk, and crowdfunding also.Thanks for the input, this is why I really like posting on BP, multiple views and things I might be overlooking.
1 March 2017 | 4 replies
As a property manager, when I am asked these questions by a potential owner here is what I say:A good property manager will ensure the property condition is maintained (actually make visits or have visits performed).
1 March 2017 | 20 replies
The tenant originally stated he had gambling issues and today when he called he said he had money invested in the USA stock market which 'is taking a long time to clear' this seems like an unlikely story and another ploy to extend the eviction process.
18 August 2019 | 58 replies
Not only does the mortgage require that I maintain adequate insurance, but for my own sanity I wish to have adequate insurance.
1 March 2017 | 5 replies
Try to maintain control of everything yourself.
27 February 2017 | 1 reply
You also should interview the owners and find out how much it costs to maintain it?
28 January 2019 | 10 replies
See following for a list of lenders. https://www.biggerpockets.com/blogs/3441/51027-nonrecourse-loan-debt-for-self-directed-solo-401k-investmentAnd following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.