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I read a quote by Jim Rohn over this weekend and it stuck with me.
"Success is neither magical not mysterious. Success is the natural consequence of consistently applying the fundamentals. "
So my question is, what...
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I'm checking into something that came up in a meeting last week. Someone mentioned that amounts paid to existing residents who refer new residents to a multifamily community are capped in the state of Texas at $50.My...
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I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
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Guys,My partner and I are in the process of starting a new one-stop - in between tenants renovation company and would like to get some feedback from you guys.Here is a basic summary of what will be included in one of ...
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I recently applied for a HELOC through a local bank and their numbers came back terrible. The comps they sent me were half a mile away from my property in a far less desirable part of town. Naturally I applied at anot...
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Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.
I’m currently in the process of viewing and applications for an apartment I need to rent out that is 1 year lease.I received a weird call with a lady stating she is from an insurance company and has a family that need...
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Hi all, Brand new here. I’m establishing a solo 401k to invest in some flips and eventually multifamily holds. I’m looking at how I can do this in partnership with other investors who will use cash and/or loans. I’m ...
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My attorney says I can only do 3 "Rent to Own" per year. I was seeing what others knew about this or could verify specifics? I was hoping to build an entire business around this model, so I'm disappointed if true. Her...
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I have a Simple IRA from an old company that I'd like to use for a downpayment. From what I've been able to find, I should be exempt from paying the 10% penalty if I use the funds within 120 days towards the purchase...