Account Closed
Growing my portfolio- 13 units ~$170k in annual cash flow
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
Logan Allec
Where and how to invest?
What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
Chris Gawlik
Whats it like to invest in C or D class properties?
I think with the economy the way its headed there is going to be a need for more affordable housing.
Wanted to hear from those of you who are successful in the C and D class property niche. How many properties do y...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Account Closed
If YOUR party looses-How will YOU react?
If YOUR party loses-How will YOU react?
This is NOT meant to start conflict! The below is my personal experience only and I DO NOT expect others to agree! I would like to hear others views and...
Lisa Liberski
Setting up C Corp with IRA funds? Experience with Guidant Financial?
Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Frank Z.
$26,000 Foundation Repair Quote
I'm in the Atlanta area and I got a quote from AquaGuard today for fixing the foundation of a house I'm interested in purchasing and it came out to $26,000. House is in pretty good shape outside of the foundation issu...
Samantha M.
Explaining to New Investors Why "Comps" From Trulia & Zillow are Not Reliable
As the topic states, sometimes when I speak with individuals new to real estate they will often site Trulia and or zillow to pull comps.
Thats not for a general estimate mind you, but for actual comps for the subject...
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...