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Here's the breakdown...
Purchased my 2nd property for $645K in an area of Northridge here in Los Angeles.
Comps in the area are anywhere between $850k-2M.
Beat out 15 other offers.
Place needs a LOT of work but I can ...
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Has anyone used HSA's and if so, have you self-directed it and invested in RE? I have just recently come across this type of account and find it to be very beneficial to RE investors. It is similar to an IRA (which ca...
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Just looking into Cozy. it seems to be a interesting concept and may be useful with he right clientele how ever I have a couple questions I couldn't find answers to on their site.If you have a tenet who is late on ren...
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I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...
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Hey folks,
I have a SDIRA through Equity Trust Company. Just purchased a condo that need renovation.
I want to issue a single check from the SDIRA to Home Depot and then have my contractor or myself make purchases ...
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I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
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When wholesaling off market properties, how does one know how much to offer to the seller? How can I find out how much the property is worth to run the numbers ?
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Hey Everyone,I've got about 51,500 in a TSP account that I can't contribute to anymore since I'm no longer in the Marines. Part of this money is Tax-deferred, part is ROTH, and part is tax-exempt (from contributions m...
A friend of mine owns a cell tower which pays him out $1,500 monthy. All the time these towers are upgraded (5G, etc) and telecom companies lease them out. Also after holding for some amount of time, often times you w...
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NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ...