Laura Casner
Projecting occupancy rates as they change from year 1-5
20 February 2024 | 8 replies
Hey Laura,As far as benchmarks go, be sure not to limit yourself to what you see on AirDNA.
Rick Zavala
New Real Estate Investor in the Chicagoland area!
21 February 2024 | 26 replies
I discussed the idea of an LLC with a local banker and he indicated setting one up especially at this stage was something I could easily do so I submitted my application with the state already.
Sami Gren
Contract for contractor
20 February 2024 | 5 replies
You need a set of specifications and a scope of work so that the work performed can be compared to the work required by your agreement.
Dylan Ritch
Just inherited a house and have no clue what to do
20 February 2024 | 7 replies
If you find that you aren't up for active real estate investing there are passive options to invest by partnering with an active experienced investor, investing in a syndication as a limited partner, etc.
Michael Ashe
Renting out my primary residence and buying a new primary
21 February 2024 | 7 replies
. $2,500-$2,700 in rent but have a $1,900 mortgage (including current property taxes) plus $100 for insurance, plus a 10% chance of no one renting and another 10% set aside for repairs.After all that I'm in a range of breaking even or making $200 a month with this as a rental.
Shannon Conklin
Tax question - First Post
20 February 2024 | 6 replies
Unfortunately we did not set up the 1031 exchange prior to selling the house.
Edward Messer
Is 14% ever worth it?
20 February 2024 | 15 replies
Whether it's an electrician, or yard person, title company, Property Manager, etc. usually getting a referral from another investor in that market helps limit our risk to "unknown" people.
Angela Toy
IRA /401k /SOLO401k/self directed?
19 February 2024 | 7 replies
You must have a custodian for an IRA, and while you can self-direct it, you do have a middleman between you and your IRA. 401k does not require a custodian and can be set up as a trust with you being the trustee.
Matthew Murray
Conflicted on sending tenant to collections
20 February 2024 | 3 replies
Either set aside funds, or try to screen tenants better - or both.
Marco Chaidez
Gap funder contracts
20 February 2024 | 3 replies
Your lender, perhaps with your help, should obtain a set of loan documents from a vetted source.