Jim Jopling
Work-out non-performing notes in a SDIRA?
I just listened to a presentation in which a lawyer (SDIRA expert) said that you cannot perform physical work on your own rental properties held by your self-directed IRA. This would be a prohibited / self-dealing tr...
Sharad M.
Hire a GC or sub the work out?
Which in your opinion is a better option, hire a GC to manage the rehab or sub all the work out yourself? Specially for your first rehab and flip project?
Kgodisho Mononyane
How would I work out the correct ARV?
I was analysing a potential rental investment apartment that looks as follows:R745 000 listing, 2 bedrooms 1 bathroom and its 71m squared.I wanted to do a comparative analysis by taking other properties in the exact s...
Richard Dee
Hiring a GC vs Subbing work out yourself
I'm curious if most of you guys hire a GC for your projects or do you subcontract the work out yourself? Do any of you have a crew of workers you pay a salary that go from project to project?
Brandon Comisford
How to work out percentages in a partnership
I'm working to set up a partnership with an investor, who has also found his way to BP. What kind of advise does anyone have for partner split, if one is all of the funding and one is all of the leg works, rehab and ...
Tai DeSa
A flip that didn't work out as planned
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $90,000
Sale price: $100,000
This was a flip where things didn't go as planned. We boug...
Jack Miller
Another successful workout completed owner saved big bucks
Just completed another successful work out with a bank:
The short version is the property was a retail shopping center with a cash flow, but the ownership was unable to refinance. The current loan had matured and the ...
Pouyan G.
Do the numbers work out? How do you choose?
Hi all so I've been running the numbers on properties during the past year in southern california LA, OC and Inland Empire. Im seeing very little in the way of cash flow properties but wanted to seewhat you all thoug...
Bryan Hancock
Passive Investors - Who Would You Want Negotiating Your Workouts?
Our funding portal is working through the final legal items for doing debt projects that can later be sold to the crowd. We'll do interim construction loans, bridge loans, SBA 504 2nds, and various other loan types i...
Ann Bellamy
NH Landlords take note: Important change in eviction workouts
For those of you with New Hampshire rental property, this is from the legislative liaison for the NHREIA. In summary, for now, agreements in court regarding future rent payments will be denied by the courts: "One...