Jenny Milu
What's your best piece of advice or tip when starting out managing a STR?
We are closing on our first STR this week! YAY!
It's a completely turn key property, the sellers are transferring their profiles over on all of the booking sites, all of their contacts etc... It feels so easy and lik...
Krystal Frangos
Limbo Property? Recorded deed entity is nonexistent
Hi everyone!Long time trolling, first time posting. Here is the backstory.We are interested in this property that is essentially owned by a bank that went bankrupt in 2008... but the property was relinquished in 2012 ...
Will Weider
My Self Directed IRA Experience
I am starting this thread to document my experience with a self-directed IRAI have an IRA that has been invested in stocks and bonds since I rolled an old 403(b) into this IRA about 10 years ago. It always underperfor...
Jose Hooker
Self Directed IRA questions
I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
Steven Loveless
The forest and the trees: questions after erentpayment issues
Many of you probably know about (or worse have lost money with) the erentpayment.com SNAFU; I was lucky that I had payments processed right before this all happened. (Link for those that are interested: BP erentpaymen...
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
Aaron Mazzrillo
Nonpaying Tenant Joined Army
I have a tenant who decided since he signed up for the Army and is leaving for boot camp in a few months, he doesn't have to pay rent any longer. I filed eviction, but have been tossing around the idea of calling t...
Mike Mitchell
Deed cannot be filed due to taxes owed in MI
A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that property taxes are owed by her and in Genesee County, property cannot be conveyed if pr...
Account Closed
Note Assignment
If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
Matt Bailey
Best self-directed 401K/IRA - who do you recommend?
What self directed 401K/IRA do you use?Can you rollover a sep IRA into self directed?Can you roll your W2 401k into self directed?Anything to watch out for with this process?Thank you!