Elizabeth Lark
Using a Self Directed IRA or Solo 401K to Buy & Hold
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
Timothy Doenges
Help! Hidden Health Dept Condemned sign!
I was just shown a property near me, low entry price. Owner had his relative come open the property and stood by the door whole time I was inside. GC and I decided repairs were more than the property would resell at a...
Derek Fortin
Help with ethical deals
I am a new investor trying to get my first deal. I found a property, contacted an agent, made an offer. The original deal fell through. I contacted the seller directly. They are willing to sell the property to me dis...
Jacob Beg
Seller refusing to handover Insurance settlement check
Hi All-I contracted to purchase a property in MD in as-is condition. Standard realtor contract requires that on settlement date the Seller deliver the property in substantially the same condition as of the day of acce...
Alonso Fernandez Maldonado
Lets get better at negotiating!
Like in any other business, in real estate, being a great negotiator can take you very far. After reading "Never Split the Difference" by Chris Voss I realized that negotiating is not so hard, it just takes a lot of p...
Ling L.
Filed chapter 7 bankruptcy
BP family, The tenants live in my first and only rental property paid a half of October's rent and told my PM that they are having a family emergency, but they will pay the rest of the rent they owe on 10/27, and ther...
Steve A.
In-laws broke but have ton of equity they dont want to use
Strange situation.In-laws have a home in Santa Barbara worth about $900K. They have a $300K interest only loan. They can no longer afford the payments.My wife and I recently came into money. I was planning to put t...
Brandon Handel
How much equity do you like to keep in your properties?
Hello, Just curious what percentage of equity you guys like to keep in your rentals. I know there are pros and cons to "free & clear" vs "leveraged". I'm interested in knowing what you guys are comfortable with an...
Jon Flash
Rent out MIL's vacant house (first time landlord) instead of sell
My mother-in-law has moved into a retirement community. My wife and I were originally considering selling the house to cash out in this sellers market. The house went on the market, but the deal fell through (MIL got ...
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Liens attached to a house sold on land contract
I sold a house on land contract. I wanted to know if it is possible that a lien from a government education loan in default could be attached to this property, and does this jeopardize my equity? I should be in firs...