Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Prithvi Sri
Why do I need a commercial real estate agent?
I am a real estate broker in CA and have been investing in residential RE for over two decades. Bought and sold a couple of dozen properties over the years using my own real estate license. Now I am planning to buy a ...
Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Celine Liminet
Newbie from New York City - Looking to invest in indianapolis
Hi BP community! My name is Celine and I am new to real estate investing. I have been on the site for over a month and learnt so much about REI. I am excited to start! I read articles, the posts on forums and listened...
Alex Silang
How scary are balloon payments / short term debt?
Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
Nathan Gesner
Are property inspections/registration required in your market?
This is not uncommon for vacation rentals, but now cities are starting to enforce it for long-term rentals. Has this happened in your area? Do you think it's a good thing?https://triblive.com/local/wes...
Ruth Ann Morris
Passing the cost of utilities on to tenants
I am considering purchasing a duplex in Sioux Falls, SD that does not have separate meters. Up until this point, from what I understand, the utilities were included in the rent. That works great if you own the place...
Preston Brown
Denver Buyer/Renters Market Questions
Greetings all, I just got notification that my family will be moving to Denver for work and had a questions about the market. We would like to invest in a home that we could house hack and live in for about a year be...
Kush Khandelwal
Builder (LGI Homes) will not refund $5000 security deposit
I was in contract to buy a SFR property in Charlotte, North Carolina and had paid a $5K earnest money deposit. This was back in February 2021. Now sometime in June, I heard from their agent that the SFR was nearing co...
Blake Kirby
How to evict good tenant?
I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...