Dmitriy Fomichenko
Warning: Investing in Real Estate with a Self-Directed IRA
I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
Shiloh Lundahl
What are your MOST CREATIVE WAYS of getting BANK FINANCING?
As many of us have come to find out in real estate investing, our ability to grow a real estate portfolio is highly dependent upon our ability to leverage our money. Or, in other words, use others people’s money to ma...
John Timmerman
What to pay for existing, cash-flowing properties?
I'm in Syracuse, NY and have a portfolio of properties I'd like to buy. Market value for all 3 properties (1 single, 1 duplex, and a 5-unit) is about $400k; net cash flow is about $60k a year, and seller is asking $82...
Account Closed
What does cap rate really show?
I’m trying to look at commercial multi families and trying to determine how to value them. I want to know if I’m paying more or less than I should be for the investment. When I do research it comes back around to cap ...
Pamela Gordon
Rental Showings - Do you prefer 1:1 or open house tours?
Just starting showing my rental property about 1.5 weeks ago, by appointment only. It seems like a nice gesture to have private tours for the potential tenants that show up, but it also takes a lot of time. So what ...
Mindy Jensen
New Book!!! Tax Strategies for the Savvy Real Estate Investor
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
Kassie Carrell
My rental property is worth 120K. Profit?
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
Tom Suvansri
Investing outside of hometown
I'm just starting out and exploring small multi-families in my hometown and adjacent towns as I'd like to stay close for my first property. Unfortunately, I'm having difficulty finding anything that would actually ca...
Cory Adams
SD IRA or 401K vs taking the tax hit on early withdrawl
Hi folks - first post. I'm in Austin and new to BP.
I have owned a few SFH rentals and would like to expand my investments and am open to other types of properties.
If you had 170k in a 401K what types...
Account Closed
real estate agent's job
What, exactly is part of the JOB description of the real estate agent, beyond showing property, selling it, and getting the check?
I am working with "A". He is to help me find a rental property and so far he's showed...