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Im considering a self directed IRA. Does anyone have experience with them? There are a fair number of rules and regulations, but I'd like to learn more if someone has real world experience. Questions that come to m...
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My name is Stephen Burtin and I currently work as an accountant in Wichita, KS. I have been interested in real estate since high school, but I just never took the leap. I suppose I was waiting for an ideal time, but...
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If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? My accountant says no, but I've read in books that you can still claim auto loan interest in add...
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Hello BP,I am new to investing in real estate. I am hoping to get some input on refinancing: strategies, pros and cons, worse case scenarios and any other tips.I'm aware of the BRRR method. I have 1 rental.I haven't...
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If I accept rent by ach deposit or by some other electronic method, will I have the option to reject the payment if it didnt include the late fee? If not, I can see myself in a vulnerable position with the judge sayin...
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Hello everyone,
Has anyone had any success with tools or resources for getting accurate comps? It seems that there are some inconsistencies in my area when it comes to getting comps I need to effectively show the pot...
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My Favorite Rent Collection Method (Shocker—It’s Not Electronic)In today’s world, many daily tasks and money transfers are done electronically. It has been a benefit to productivity across many spaces. However, when m...
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I want to get into the flipping business and BRRRR method. I own one duplex and realized it’s difficult to scale if your money is tied up in normal rentals. I have a good handyman I trust near Dayton OH and if I had a...
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Hi everyone, Just starting out and after a lot of reading and listening, I'm still trying to decide between flipping vs rentals to build capital to re-invest into more properties. I know a lot of it is circumstantial ...
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Working on the analysis of my first possible BRRR. Any insight is appreciated. It is a pre-foreclosure 3 bed, 2 bath 2660 sq ft property. Hoarders lived here so tons of things everywhere and in need of a lot of cosmet...