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My wife and I know a gentleman in his 60’s that owns 30+ residential rental properties, nearly all owned free and clear. All of the properties are currently leased and cash flow nicely. We are close enough to this per...
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I read that the Fair Market Value for the IRA LLC is basically a combination of theFfair Market Value of the assets. Notes I read are valued based on the UPB and unpaid interest. I wanted to check if that’s how most...
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In your opinion, is 30% a reasonable fee to pay a property manager to do the following:
- Arrange for interior designer/furnishing property (actual expenses I have to pay)
- Promote/advertise rental and respond to a...
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Hi guys! I recently acquired a short term rental in Big Bear, CA with a partner that closed in January and am now just starting to discuss this topic outside of my partner and circle since I don’t know where else to g...
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Does anyone have recommendations on electronic lockboxes for self-showings?
I've found a few online subscription services that allow for self-scheduling, but I don't want to do a subscription based product. I would ...
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There are about 49 million households in the US who have a traditional IRA and there’s an additional 20.3 million people who have Roth IRA’s. Many American’s don’t know they can use their IRA and turn it into a self-d...
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Hi BP, I quit my full time job and closed on a property a couple months ago in Philly. I’m doing most of the renovations myself and I’m starting to sift through the potential taxes incurred once I sell. I’m a bit conf...
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Thinking on withdraw most of my 401K account (no longer employed with that company) and invest in RE property. I have over 100K, also have lost over 10K in the past 13 months. Just want to have more control of my mo...
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JUST joined, and JUST posted an earlier question. I'm currently in Austin, TX, but found a pretty sweet looking deal in San Antonio (about a 50 minute drive). You guys/girls think I should go for it and just know I'll...
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I just bought my first rental property and I am already looking for my next one. There are so many opportunities right now I am just very excited to get into the next one.
I need to come up with the 20% down payment ...