Brian Leonard
Furnishing a Self-Directed IRA Purchased Rental
A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
Kyle Starkey
Colorado Market. Trying to find a deal
Yesterday found a real dump just on the market 12 hours. 300k, 75k undervalue priced for all the work needed. Honestly wanted to offer 280k with me being able to finish the clean out of the hoarding. 🤮By the time my r...
Ho Eun Park
Investors that self manage: becoming a handyman yourself...how?
Hello,Kind of an odd question. I have a dilemma where my current property manager may retire in ~5years. I mean that's still awhile but I am the type of person that likes to think many years ahead. I recently graduate...
Shaun Alexander
New member with a big problem! Contractor wants more money
Hello, I have lurked on this site for a long time and leeched a lot of great information. I finally have something worth registering and posting about.I made a long winded post regarding a contractor that wants more m...
Mona C.
Working with Contractors
What a nightmare trying to find a contractor to do a small shower. All contractors want $10,000 and I’m like what the heck. I screened and screened and searched up and down and right and left till I found a unlicensed...
Chris L.
Does anyone have experience with 1031exchanges and LLC's?
I presently have a property in NJ that is in an LLC and I would like to sell it and buy investment properties in NC. I'm unsure as to what the first steps are that I should take OR if having the property in an LLC aff...
Jeff G.
Actual real estate vs REIT (Real Estate Investment Trust)
RE investors usually put down what 10-25% and finance the rest when purchasing real estate.Why not do the same in a REIT (or two)? There are some paying dividends of 10%+ right now.Do you make a higher % than that on ...
Roger Doe
How to Determine PRICES for construction work!?!
How do you tell if a price on a job is too high or not? When you start out, you bid the work out and get several estimates. But after a while, you have to stop doing that because the contractors will stop coming aro...
Josh Jensen
On the fence regarding a REI ..
I'm data driven, and would like to make the decision to purchase another property based on numbers (verses a 'gut feeling'). While I know it's a great time to purchase an investment property, I'm unsure if I'm in fina...
Robert Goldman
Why don’t investers, who rent homes, pay their property taxes?
I am noticing quite a few homes that are 2-3 years past due on their property taxes and none of them are mortgaged. They are up for a tax deed auction because they have 2-4 years of tax liens and some are rented out t...