Brice Alef-Torrisi
New Renter First Month Rent and Security Deposit Handling
Hello Everyone,
I recently bought a 3-unit investment property in Michigan and have plans to rent out one of the units to the sister of one of the neighbors. I have her staying in the one br while we renovate the oth...
Luis Bermudez
[Calc Review] Help me analyze this deal - What Am I Doing Wrong??
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*This link comes directly from our calculators, based on information input by the member who posted.
Horacio Gutierrez
How many banks accounts for rental properties
Hello,Should you have one saving and checking account for each rental property you own? What if you have 70 units does that mean you create 70 banks accounts is there a easy way to keep track of the money and still no...
Tyler Dunlap
Partitioning assets in a Self Directed IRA
Is it possible to open a self directed IRA but not use all of the money for real estate? I would like to tap into my IRA for cash without necessarily forfeiting my ability to buy and hold securities and mutual funds a...
Adam Soyak
Business is new but growing and friends and family want to invest
Currently, I own some rentals, 2 SF homes, 1 two-flat, and an additional BRRRR closing next month. I have flipped 4 homes as well. These properties are all in my personal name, and will be under an umbrella policy v...
Zach Vaughn
Using Investor Funds for Down Payment
Hello everyone. I am currently house hacking a duplex that I purchased in April and am now trying to work on a second deal. I have my eyes on a couple of small multifamily properties in my area but am running into the...
Ann Zane
Best Use of Self-Directed IRA
Hi everyone! Thanks in advance for your quick help on this! My situation- I have some cash to invest ($120K right now) as well as $320K in my self-directed IRA. I have never used the SDIRA funds and for some reason ...
Jeffrey Decedue
Creative Question (Would This Work)
So I have everything worked out with how this method would work but I want to know if y'all think it is more of an uphill battle than its worth.Essentially it will be seller financing to establish landlord history for...
Zack Wills
If you had $80,000 in a heloc, what would you do?
I bought my parents house from them a while back for well under what it appraised for. The result, I now have a Heloc for a little over $80K. Since buying their place (they still live there) my wife and I have acqui...
Julie Miller
I flipped over this mill house!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $121,000
Cash invested: $114,000
Sale price: $330,000
This was my first fix & flip! After running my numbe...