Paul Moracco
Getting my license to sell rentals while in college
I have started my pre licensing class to become licensed but I am hoping for some advice. My plan is to sign with a brokerage near my college (Elon, NC) and do rentals in my free time while at school. Is this somethin...
Julie Marquez
How Much Money Do You Have?
How much money do you have?Is that an appropriate question on a rental application? What are the best questions you ask on an application?(I have a couple of solid templates, but looking for commentary or anything you...
Mason Moran
difficult situation, please help!
hello all,
I have a tennent who's retired military. He's receiving a retirement check, disability, BAH (from his GI Bill) as well as him and his fiance both work full time. I received a text stating,
"Good morning....
Ryan Cooper
Yearly fees on Self Directed IRA (SDIRA)
One of the books I'm reading says that it's best to pay the SDIRA yearly fees out of pocket to maximize the amount of money.Now, I'm sure the transaction fees of an investment have to be paid by the SDIRA but is it st...
Daniel Mendez
Who's your go to lender for DSCR loans?
I am looking to invest out of state and I am considering using a DSCR loan.Who would you recommend?
Susan Dobbs
Becoming silent partner with Subcontractors
I am working with an investor that is spending big money on employing his trades people for reno and repairs on his commercial properties. He is considering letting them go because of the costs involved and hiring out...
Jeff Filali
Ten years after Bear Stearns, Congress reconsiders Dodd-Frank
Article courtesy of Bankrate.com Ten years after Bear Stearns, Congress reconsiders Dodd-Frankhttps://www.bankrate.com/banking/bank-reform-rollback-dodd-frank-ten-years-after-bear-stearns/What's everyone elses thought...
Leslie Fitch
Health Insurance needed for investor
We have been flipping for a few years (averaging 30-60k each profit) and have 19 rentals under our belt and growing that bring us about 4500. profit a month and are now ALMOST able to quit the full time job of 27 yea...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Tami R.
Capital Gains, etc...
I have two questions...I read somewhere that you pay taxes when you do a flip but not Capital Gains tax if your intention was to flip... can someone explain? Here's somethings we are looking at.... we have held a hou...