I am on a committee in my small 8-unit condo HOA tasked to figure out an inexpensive way to get a reserve study done. Has anyone used a do-it-yourself type template? I found many sites that explain how to do it and ...
I have been amazed by how much community owners will ask for parks that are posted for sale.We had a community for sale in Orem Utah, about 200 spaces asking $40,000,000.It is not unusual to see Parks that are right i...
Hi All,My first two flips taught me too many lessons I’ve brought into the ones following. Unfortunately they’re still weighing me down. I used the same GC for both of them and mismanaged him quite spectacularly. I’v...
My husband and I are setting up a solo 401K with a Roth IRA sub account . Are we allowed to fund it with an old Roth rollover or can we only make a new annual contribution of 24K?
Greetings BP members,I'm looking to purchase a property and rehab it to flip. My question, is there a rule of thumb about how the funds should be paid out to the contractor? For example, if a contractor gave me a qu...
I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
A friend of mine owns a 2 bed 1 bath house in Crum Lynn, PA. He's moving to Arizona in January and doesn't want to deal with selling the house. The property has a new bathroom, kitchen, water heater and heating (two y...
There are 4 parts to every real estate syndication (group investment).
1️⃣ The Deal
2️⃣ Financing
3️⃣ Capital
4️⃣ Management
The LPs (limited partners) are passive investors and want to put their money to work b...
I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...