Hey BP! I'm considering rolling my 401K from a company I left into a self-directed IRA with Equity Trust based on recommendations from several other investors. Has anyone here worked with Eq Trust before? Have you use...
How would you guys calculate an expected number for ongoing repairs and maintenance on an old, lower-income type property?
Specifically, I'm looking at a 9-unit building that is about 100 years old and has gross inco...
Hello!We're trying to purchase our second rental property. It is two homes on one piece of land and sold "as-is", which we understood to mean the seller would make no repairs. It appeared to be in good condition but w...
Hi everyone. I wanted to pose a question to fellow investors who are veterans of the market crash of 2008 or Asian economic crisis, and other economic crashes in the last 20 years.
For those of you who are ha...
For those of you who offer on properties sight unseen, what type of buffer do you give yourself for your reno budget? Every time I start to think to myself, "I've seen/done enough to feel good about offering sight ...
Hi guys,I'm forming an LLC in CA. Do I and what kind of business licenses would I need to operate renting property in Nevada, mainly Reno area? Searching the net reveals conflicting info. Some say I don't need anyt...
I have an opportunity to purchase a property from another investor with seller financing. Im new to investing and this would be my first seller financed purchase. Im looking for some guidance and suggestions on the be...
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
Hi, So, I'm trying to make it simple... I got money I am lending to a brother in-law to purchase a property. Property needs cosmetic work. He will do the work him self and pay for repairs him-self and then occupy the ...
I am a realtor in CA and I've spoken with realtors in Ohio, Florida, Texas, Tennessee and I've had no luck seeing a difference in return on investment or cash flow on properties. I can get around .62% on SF here and t...