18 January 2015 | 8 replies
Don't allow them to touch electric or piping or gas appliances.The famous garage door sensors that nee replaced all of a sudden is simply a 2 min re-align the sensor deal. :)Have them send pics of the receipts.
17 January 2015 | 2 replies
For instance, in My area, you can only charge up to 2x rent in last month/deposit holdings, so it's legal to charge a full last months rent, but you have to take a smaller deposit and then also presumably refund a bunch of that last months rent at the end.
1 June 2016 | 5 replies
In this instance the replacements are going to necessitate that you either take out a new loan or loans to replace the mortgage or bring cash to the table so you can still purchase at least as much as you sell.3.
1 June 2016 | 14 replies
This allows me to cover any major unforseen expenses, for instance a roof replacement or heaven forbid another environmental cleanup.
3 June 2016 | 6 replies
In that instance you are paying for the land minus the cost to demo the structure.
4 June 2016 | 8 replies
For instance, if both this property and your primary residence is paid off in 15-30 years, depending on your retirement window, think of the value provided there in terms of regular income and equity available for liquidation.
4 June 2016 | 4 replies
For instance, for the last two years the gap between development and demand in Denver and DC is rising (two of the cities with the most Millennial growth in recent years).
25 June 2016 | 7 replies
Could I legally sell it to my self for $175k (with the $50k minus closing costs going into the SDIRA) I would then finance it at 80% (put 35k down) and use it as a rental propertyReason why I thought of this is I have purchased properties, fixed them up and had to wait six months for seasoning (since I do not have 10 properties I am still using conventional financing through my credit union)In this instance I do not have to wait the six months I can refinance immediately.Downside is I am putting $ into the deals when a typical BRRR you are not at the end of the day (if done correctly) but this also allows the SDIRA to ramp up quickly
8 June 2016 | 8 replies
Leveraging is using other people's money to buy...For instance you have $100,000 to buy realestate.
8 June 2016 | 5 replies
A lot of the value you provide will be your ability to organize the chronically disorganized.Priorities: In the case of realtors, for instance.