Josh Bast
Evictions in MN on month to month lease
Do any of my MN landlords know if we are able to evict a tenant that is on a month to month lease, but has applied for RentHelpMN and not received a response to their application? I would give them notice now, and hop...
Account Closed
Expenses > Cash Flow for the First Year ?
Background:$50,000 house3 bed, 2 bathCash Flow:Rent - $850Expenses:Down Payment - $10,000Mortgage - $201/mo (30 year loan)Rehab - $10,000Repairs - $500 (may or may not spend)Property Management - $85/mo (10% is fairly...
Paul Hom
Checkbook SDIRA - Trust vs LLC
Sorry if this has been answered elsewhere - I have a generic SDIRA through New Directions and am looking to switch to a Checkbook Control SDIRA because of fees and some investments I'm interested in exploring.
I have...
Cathleen Ohannigan
Self Directed Checkbook IRA
I have an IRA LLC with a property in it. I have two questions: 1. I also do hard money loans. Do I use the same checking account LLC for hard money loans or get a new LLC or just keep the money in self directed IR an...
Aaron Laverne
Fully Leased Multi-Family - How much to offer?
Hello BP, I'm looking for feedback on a property we are analyzing. Please advise on what we should offer for max ROI based on gross income and expenses.Market Price = $275,000.00Annual gross income = $36,000.00 Annual...
Micah Livengood
Title company wants to see my Articles of Organization, etc.
My Father and I are part of an LLC through our real estate investing business. We are buying a property for $15,000.00 cash. I got an email from our lawyer we use typically to close on a cash and or contract deals....
Sam Smith
Investor in Arizona looking to venture into Ohio
How is the Ohio market for flips? Which city is the best Cincinnati, Cleveland or Columbus? If you are flipping in any of these cities please share your experiences. I hear good contractors are hard to find and man...
John Thedford
Fraud By Inducement, Unlicensed Brokering, Preying On The Elderly
All the gurus, etc promoting unlicensed brokering forgot to mention this: many of their ideas are illegal in some states. In Florida, you cannot advertise property you do not own even if you have a contract on the pro...
Cal C.
Surprisingly Simple Math to Early RE Retirement (Napkin Math)
I posted this in the member blogs last week, but wanted to get some more eyeballs on it.As many of you know, Mister Money Mustache (MMM) wrote a blog post entitled The Shockingly Simple Math Behind Early Retirement th...
Natalie Bush
Looking to buy existing daycare - Charlotte, NC
Looking to buy existing daycare building. Preferably in University Area of Charlotte.