Nick K.
Self Directed IRA Question
Do I am considering rolling my 401k into an Self Directed IRA to use for a rental property.The only piece of info I have not came across, is since the title of the rental would be in the IRA's name, and the rent check...
Chris L.
Security deposit as last months rent? yes or no...
A little history-selling my rental and asked tenant if they are interested in cash for keys if they move out by June 1. The offer would have to be signed by the end of this month if interested. Meanwhile, rent was due...
Travis Andres
Curious about the 70% Rule for analyzing a BRRRR
I'm guessing the 70% rule is to determine if you'd be able to pull all/most of your money back out on the refi (70% LTV max)?If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to...
Wendy Black
Covid Could Be a RE Disaster
What do you think?
We're waiting to see how it affects the tenants in our houses and those whose notes we hold.
https://www.ocregister.com/2020/03/24/l-a-billionaire-coronavirus-puts-real-estate-on-brink-of-collapse/
Account Closed
Tapping in to my parents home equity ???
My parents have had their house paid off for over 15+ years already. The house is worth about $250k. Is it a good idea to finance the house to tap into the equity? (using the money to invest in more real estate).My co...
Aruna Abdool
Out of State Investors that invested in a state they've never worked/visted/lived in
Hello. I'd like to hear from my out-of-state investors that they successfully invested in a state they had never lived in or worked in that state for a long time. How did you develop relationships with the realtors, m...
Jesse Kailahi
Buying Multi-family and Increasing Rent?
I've been looking at multi-families, and few ever get close to cash flowing with my specific circumstances, but there are some properties that could work... but only if the rents were increased. So I was wondering how...
John Woodington
Mountain Hotel Room Investment
Looking to see if anyone has done this before, and/or if these numbers look worth it:I have a long-term goal of owning a "snowbird" home in Jackson Hole, WY, but prices there are astronomical. I saw a listing for a 2...
John Ma
Stratagies when over budget repair/renovation for rental
Hey guys, I want to hear stories from some vets whom have been in in a situation where the cost of a renovation for a rental has dramatically exceeded the budget.I started renovating one of my rentals and I am about 2...
Levi Klein
PREHAB not rehab for $40,000 in 2 weeks
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $252,858
Cash invested: $16,428
Sale price: $310,000
Project took 3 months (2wks work). House had a failed sept...