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Hi, Recently my offer was accepted on a 22 unit MHP . It's taken a long time. Park owner filed bankruptcy, he's been out of picture and i've been negotiating directly with bank. When owner left town he didn't leave an...
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I want to caution everyone against investing with Techvestor (techvestor.com)
or related companies Scoutpads, Metallic Blue Development (MBD) and
Superhost Labs. All of them are centered around Sief Khafagi and hi...
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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
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OK, this sounds like a silly question but I really want to know if this is necessary and why. We have 19 accuired 19 doors using the BRRRR method mostly. 4 duplexes and the rest are SFH's. Wife has spend many MANY hou...
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So I was reading through Josh's post here:
http://www.biggerpockets.com/blogs/1/blog_posts/4157-don-t-fall-for-the-scam-be-cautious-
about being cautious about who you do business on via the site and there is commen...
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Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...
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What do you think about sending gift cards for the holidays to tenants?Last Christmas (2018) my buddy and I sent out dinner gift cards to the tenants. I also did this for my tenants for Christmas in (2019). The idea i...
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Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
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What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
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Say you did REI for a while, made big money, and were able to retire. What would you like to do with your time and money? I'd like to travel more.