Ron Read
Checkbook IRA for first Buy and Hold?
So after probably too much research, I'm looking to take a leap into some buy and hold or perhaps BRRR investing, but I'm short on savings, while long on IRA assets. Rather than wait any longer, I've decided to use m...
Account Closed
First Rental Investment (Triplex in Hawaii)
Hello everyone, so I am looking at purchasing a triplex in Waipahu,HI (8 bedrooms, 4bath, 3,095 sq/ft living area/6000 sq/ft total). $38k down and financing $837k @3.99% (30 yr) w/ an potential annual cash flow of $21...
Chris Martin
SDIRA Year end Fair Market Value
When completing a 'fair market valuation' for your self directed IRA, who are you using as the independent valuator? I don't want to get an appraisal for a property I just bought. Actually, I just don't want to pay fo...
Melissa Mauro
Self filing taxes for new LLCs
I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet. I’ve heard many say not to bother hiring an accountant/large f...
Jared Vidales
Private Money Terms?
Hi Everyone, I have a good friend who wants to invest into my fix/flip projects. He has 100-200k that's sitting in a bank account, that he wants to invest with. He would simply be handing it over, and we would use the...
Jeffrey Gagnon
Help me understand is on this fees sheet
Can someone help me understand this va loan fees sheet? i understand most everything accept the reservse and taxes stuff. This is my first time buying a house so i'm having trouble figuring out how my mortgage will ac...
Will Weider
My Self Directed IRA Experience
I am starting this thread to document my experience with a self-directed IRAI have an IRA that has been invested in stocks and bonds since I rolled an old 403(b) into this IRA about 10 years ago. It always underperfor...
Walker Hinshaw
Need Fort Worth Neighborhood Advice
I am looking at purchasing a turn-key property in Fort Worth, Texas and would like to know a little more about the area before I make up my mind on the deal. The details are below. Also, are there any considerations I...
Michael Mixon
Double check my math?
I'm using the "Multiunit/Cap Rate" method to determine the price on a duplex. Stated annual income is $9,600. Using the 50% rule, I'm expecting expenses to be approximately $4,800, giving me a $4,800 annual NOI. At...
Account Closed
Property taxes
Hey BP, I'm analyzing potential deals and seeing some annual taxes that seem higher than other properties at the same listing price. What does this mean?