Rax Gupta
First Investment Property in Memphis TN
Hi All, I am considering to buy my first investment property in Memphis, TN. I am totally new bee and my friend suggested me a Property Management Company. They take care from buying a foreclosure, renovating till ren...
Victor So
Deposit or move-in fee?
Hello BP!
For all the landlords out there, do you guys require a deposit or just charge a move in fee? And what amount do you charge?
Thanks!
Victor
Craig Garrow
Property Management Company taking part of a deal?
I've heard this concept mentioned a couple of times now about a Property Management Company taking a small piece of a deal that they manage for the owner so that they have "skin in the game." Is this sort of thing co...
Gautam Venkatesan
Notes, Interest Income, Yield - please help my math challenged brain!
I read a lot of posts on BP recommending investing in notes with your retirement funds. I see double digit returns (10-15%) being quoted as common for note investments done correctly. But when I do some simple math...
Mel Hayes
Self Directed IRA My Mind Is Spinning
Hey BP, So I'm looking into how to lend on deals and fund my own deals with my IRA. Currently my IRA is under JP Morgan. I called them and asked the naive question of how can I fund real estate investments using my ...
Andrew Rudahl
Is this a viable strategy?
A friend and I are both looking at starting a partnership. The idea is we would split a 20% down payment and then after closing, his parents would cash us out and get either 20% equity or no equity but a great guaran...
Paul Lachaud
Negotiating after Home Inspection
Hey Biggerpockets,I've put my first fourplex under contract for about $95k earlier this week and had a home inspector come out. He seemed extremely knowledgeable, thorough and provided great service.He'll be sending m...
Kevin Durham
Can private school be a business expense?
Hey all, the more I learn the more I realize I know nothing! On my 3rd flip thanks to the help of this site. So, thank you for any reply!My daughter is now attending private school - 7th grade, and to my knowledge, in...
Shaun Holden
Mobile Home
There is a mobile home in a park I’m working on. The park will not allow rentals and I am not allowed to buy and then sell it. The only way I could think of to make money was to wholesale it and hold the note for the ...
Justin Reed
Borrowing Against Self Directed IRA
Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...