Curtis Deckard
Using a self directed 401k.
I have learned about this solo 401k in which you can use some of your 401k to invest in real estate as long as you pay it back with interest within 5 years. My question is once you pay back the amount you borrow, do ...
Josh Mills
Creative Ways To Purchase a Distressed Property
Hi all!
Looking for creative ways to buy a pre-foreclosed property, the situation is below.
The owner owes in the 400's on a property that is zoned 2 fam but they converted back to a 1 fam. Listing talks about t...
Zack Reyes
INVESTOR advice on Old House
So I found a duplex property off Zillow with a list price of $499,000 in Amityville. the property is from the 1890s (I Know). It has been kept well, yes things in the house are a bit out for date but everything is mai...
Steve S.
Tax question on rental income
I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
Jan Gudell
Family Trust and Problems with Deadbeat Trustees
My father recenlty put a 100+ year-old two-unit rental property in a trust which includes my father, me and two siblings. The building is paid-off and in a desirable urban neighborhood, however it is in need of upgrad...
Gabriel A.
Looking for C+ to B neighborhoods
Out of town investor doing research in the Indianapolis Market. Looking for C+ to B neighborhoods with fixer upper properties ranging between 40 to 80k. Do those exist in these types of neighborhoods? I'm looking to B...
Michael Gilman
Renegotiating Purchase Price after Inspection Found Issues with Boiler and Electric Panels
I am in contract on a multifamily property that was marketed and priced as a property without deferred maintenance. The inspection discovered some significant deferred maintenance items and some safety issues. While ...
Elif Erguclu
First Investment, is FHA holding me back?
Hi everyone,So I'm working with an agent to find a property that I could live in for a year (FHA requirement) and rent out after my year is over. I'm using Brian's "house-hacking" strategy using an FHA loan and I alre...
Sean McKee
Berwyn: Potential 2 Flat Purchase
Hello BP,
I have a potential 2 Flat in Berwyn that I have a "verbal agreement" to purchase for 205k. It's definitely not a final deal yet, but I wanted to see if anyone has general gauge of the rents in the area. Bot...
Rob Bergeron
Louisville Ranked Fourth Nationally in Business Growth By Yelp
https://www.courier-journal.com/story/money/compan..."Most of the new businesses were in Louisville’s Okolona and Middletown neighborhoods and involved in what the company describes as health, beauty and home services...