Will Sellenraad
Solo 401k / Co. 401k
Is this a tax or company 401k implication? Create a Solo 401k as a sole proprietor to purchase rental property. Fund this Solo 401k (through rollover) from my active employer sponsored 401k. Rental income flows into t...
Desmond Pressey
$20k plumbing work alternatives
Looking for some advice on a major plumbing issue.Bought my first investment property a year and a half ago (3/2 house with a separate 1/1 basement apartment). For the last year, we were having sewage backups in the b...
Gayla Kemp
DTI score high when allowing new purchase of vacation rental
I need to see if anyone has any insight into this. My DTI score is at 48% high for a couple of reasons. 1.Husband has hourly job with required overtime and bonuses. Only base is looked at which leaves out (rounded ...
Joe Worley
cap rate
I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?
Howard Salpeter
BULK CONDOS VS APT
I have an opportunity to buy 12 condos from a bank--the owner converted them into condos & tried to sell them, unsuccessfully-- they are in a predominantly rental area of DC, now the bank wants to unload them. I a...
Steve K
Smaller investors in the note game?
Hi all,
Kicking around a sort of hypothetical situation in my head and trying to come up with what the best way to structure some deals would be. Let’s say you had access to some asset managers for CMBS products who...
Chancellor Swan
Question about mortgage
Hello, I have a question about a scenario I’m working out in my head. Utah has a program where they will allow zero down for first time home buyers. I was thinking of taking advantage of this program and then after a ...
Katelyn Atcavage Robideaux
Choosing the BEST real estate accountant???
I have one property currently, under my husbands work LLC. I am trying to get organized so we are set, off the bat, with a good system for all properties to come.
I use my general accountant currently, but I am look...
Jennifer Farnsworth
Question on partnership
Hello All-
I am looking to partner with 2 investors on purchasing a 8 plex. My question is what would be a fair percentage to offer? This would be our first deal so I want make sure everyone comes out good! Thanks ...
Jonn Vidal
RE Agents, Mort Brokers REPLACED by APPs w/I few yrs?
https://youtu.be/3G3kJtvnq6s&t=3m33
Somehow I ended up listening to AMTV blog and 3 mins in he says RE agents Mort Brokers will be replaced by APPs within as little as 2 yrs.
Feasible? I already hear Redfin agen...