Mark Carson
Consequences of loss on unsecured note held in Self Directed IRA
Hi - I'm looking for some advice on resolving a SDIRA issue:My Self Directed IRA made a unsecured loan to an individual (not a disqualified party).The borrower is unable to repay the loan according to the terms of the...
Wesley Raye
REI CPA needed for first year landlord North County San Diego
My wife and I have been using turbo tax to do taxes for the past few years. We both are W-2 earners and house hacked back in 2013 converting a Carlsbad, CA condo into our first rental. The first year of self managing ...
Michael Randle
Rent Calculator, which do you use?
Hello all,Since the amount we rent our properties out for is so important as to our overall financial goals and business models I am surprised I do not see the question asked more often.What software/website do you us...
Tyler Frost
Partnering with a Real Estate Agent
Assuming things don't crash and burn in the coming months I am planning on partnering with a real estate agent on a couple of flips and I am a licensed contractor and I am trying to structure our partnership fairly. H...
Daria B.
HELOC approved...but....now full Appraisal
Hi,My HELOC was approved (yeah!) and after the "drive-by" appraisal I raised some questions to the lender when I read how the appraiser came to the value conclusion.There are several comps that were used and the most ...
Account Closed
Buying Mom's Home Below Market
Hello,My family and I (husband and 3 kids) live in my mom's home (dad is deceased) and she lives in a retirement community. Mom asked us to live there at a reduced rent so she didnt have to sell and since it seemed li...
Mark Berge
House hacking in my primary house.
Hello all, I have a primary 2 bd 1.5 bath fixer upper house that I bought a few years ago. I have done a fair amount of work on it while I live in it. For a while I rented the extra bedroom on airbnb, one guest asked...
Thomas Dougherty
Screen applicants before renting
Hi guys,How do you screen your applicants before renting them an apartment or house? What kind of criteria you'll look for and what platform you'll use? Any advice would be great appreciated!
Account Closed
Stockton Market Statistics
Hello Everybody,I'm going to invest for the first time for my first flip in Stockton and I am trying to do a market feasibility study for the region, but I'm lacking economic and market information. I really don't tr...
Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
Thoughts on this commission? Too rich? One more layer?Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M...