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I am listed as a temporary employee for a company. I work 4 to 5 months a year and net around +/- 100k a year. I am planning on looking for foreclosed homes and trying the lease/option plan. Is there any way that I...
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Hi, what would be the requirements if I wanted to have my father (non-owner) manage a property (SFR) for me in MN? Real estate license, background check, other? I went through the tenant/landlord handbook a little whi...
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Hello everyone,I'm looking to move my 401k to a self directed ira to purchase str(vrbo's) and ltr properties. I'm looking for recommendations from those of you who have done this as to what companies you have tried/a...
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Hello, not sure if I'm posting in the right group but I'm looking at buying a home to rent. I plan to have the home occupied by a home health aid service who takes care of people 24hrs day and need a home to rent for ...
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I have a house for rent in Colorado. Today I heard from a lady who works for a small company in Kansas and is "scouting" for herself and about eight families who will be moving from Kansas when the company moves its h...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
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I've looked at six different companies and the fees are all over the place. The cheapest so far is Sunwest Trust. Their annual fee is $225 regardless of the number of assets. Their application fee is $50.
Am I gett...
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I will be leaving my W2 at the beginning of next year and be jumping into real estate full time and am wondering is it impossible to get a Heloc/Refi if i have no W2? Should i try to do this before quitting? What opti...
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Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!