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I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
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I'm currently out of state and I received a call from a tenet today that there is mold growing on the wall behind their couch and under the sink. The tenet sent me some pictures and the good news is that the mold is g...
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I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
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Hi All,
I’m trying to determine the best structure, and the necessary entities so that I can create a new Solo 401K (for me/wife) and rollover funds from my existing 401K. My current business (where the 401K plan exi...
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I'm desperate for help in this real estate investing business!! I just turned 18, and I was on my way to becoming a registered nurse, but I found out about real estate investing by email from rich dad education. I att...
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I just put in my first offer yesterday. Here it is. This property is not on the market yet. They will be asking
Asking $149k
Offer $140K
Total PITIMI $1050
To get this property I will probably have to pay full price...
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I was curious if anyone else is trying to add additional clauses to their lease agreements to give themselves a way to evict a tenant other than for non-payment of rent during this ridiculous eviction moratorium. I w...
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I would love to hear from someone who invest outside of that state they live in. I want to know what new things do you have to consider when investing out of state. I am more focused in on Flips right now but I would ...
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So here is my 1st SOW submitted to me . This is a contractor who fits the bill as far as the best practice of going to home depot or Lowes and finding a contractor who is there first thing in the morning I have rec...
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Hey guys,I've got a quick question for anyone who has already gotten started investing and could lend a few suggestions for my journey towards my first deal.I'm currently paying down the last of my credit card debt an...