Juan B.
Making it work in Long Island
I am looking for opinions on making it work in with Long Island NY rentals. Between the taxes and the cost of the property it almost becomes cost prohibitive to get a property that will rent well enough to break even....
Brian L Dowler
Refinancing in a Checkbook Self-Managed IRA
I am a relatively new investor, just started my second investment property. To kick things into high gear, I am setting up a self-managed IRA with and LLC, giving me checkbook control. As I am well down the W-2 path...
M Marie M.
Old News: A Housing Ban the Box Bill
The following post is kind of old because I couldn't figure out how to post here. It hasn't become law yet, as my Councilman McDuffie is still moving it through the process. Knowing the Council something like this wil...
Margie Pierce
Solo 401k plus heloc
Ok guys, as I look at MHP listings I think to myself - hmmm, if I only had about $300k to put down....then thinking further I realized that I’ll soon have a $125k heloc and a $150k solo 401k. Any way to use these two ...
Jeff S.
Holding properties in separate entities with separate bank accounts.
I understand it's a smart move to hold each property in a separate entity, but what about separate bank accounts for each property as well. Would it make sense to have 100 properties, in 100 different LLC's, with 100...
Anthony Tran
HELOC for duplex homstead
Looking for a HELOC loan for my duplex homestead. I live in one unit and rent out the other. A lot lenders don't allow 2+ MF/revenue generating units to be considered for HELOC. I know some lenders do allow this but ...
Justin Pingston
Short Sales: the Good, the Bad and the Ugly
I am curious about everyone’s thoughts on short sales. I am looking at an apartment complex that is a short sale, surely there are plenty of pro’s and con’s to a short sale. Perhaps more con’s than pro’s (or maybe V...
Bert Cho
Bandit Sign Questions
Trying to figure out which counties in Maryland prohibits bandit signs placements. I've tried googling for answers and I'm confused more than ever with complicated rules / laws about this subject. Anyone here had expe...
John Underwood
OK for a Self Directed IRA to own a MH?
I've heard that self directed IRA's should not purchase or own MH's. I've heard MH's are classified as personal property since they have a title like a car.
1st. Is this true?
2nd. Would it be ok to buy a MH togethe...
Tony Wallis
Buying Investment property with a self directed 401K
Can anyone speak to buying investment property using a self directed 401K? My understanding is the cash flow must go back into the 401K and it must be a non recourse loan. love to get some input / feedback