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 ...
I am in the process of obtaining landlord insurance for 2 properties:1. 2300 sq. ft. home with 3 car garage and in-ground pool worth ~ 560K2. 504 sq. ft. condo in La La Jolla worth ~ 285K I am getting suggestions on c...
I have 50k to invest, what city should I invest in in California. I rent in SF, but want to buy a cash flowing property to where I can drive to see it. I am open to property management, but want to pick an area wher...
I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
Usually, and I’ve been taught by my mentors, to base my finishes on the available comps (sold in last 6 months), some of which are super poorly designed and not selling for the higher ARV I want. I can’t shake the ide...
Hi everyone. First time SFH prospective buyer in NoVA - not as an investor, but to live in.
Question 1: Is it reasonable to expect that for $1.0-1.1M, I can build a 3000-4000 sq ft home in the area? I've read that a...
I am not sure how to phrase this question, the county record for a rental I am selling is incorrect, it does not have the correct square footage for a permitted addition, and the number of bedrooms is listed as three ...
We just sold a home in Austin that we started building in April. Here are some pictures. I'll post some details in following posts.
One ...
I’m on my very first flIP and every single decision gives me anxiety because I do not want to make the wrong choice.
So far I think I have done well with picking floors and indoor paint, cabinets, etc...
BUT I think ...
About two weeks ago we bought a house. Knowing it was full of trash and has been empty a while. We got a good deal on the house, but knew it would take alot of work. It is in a rental neighborhood. This is a 900 sq ft...