Chai Jonn
Self Directed IRA LLC/ Solo 401k for Real Estae investment
Hello Folks,I am trying to get some clarity on how to proceed with Self Directed IRA. I have a ROTH IRA at Vanguard and ROTH 401K at T Rowe. I like to combine these both into either a Self Directed IRA or Self Direc...
Kyle Galloway
70% Rule-Please explain?
I understand the math to the 70% rule in house flipping. (Conservative Market value after repairs X.70 - repairs). What I don't understand is where this 30% magically disappears to. I know that there will be closing c...
John Suralik
Using HELOC to Make "Cash" Purchase of Rental
I recently completed the renovations of my primary residence. The ARV is 195K and the first mortgage is for 78k. From talking to a few lenders who do HELOCs they will lend up to 80% of the home minus the first mortgag...
Richard Chang
1031 Exchange - Existing Loan and Depreciation Recapture
Hi all,I am considering doing a 1031 Exchange of my Duplex Rental Property which has been straight line depreciated for 25 years. with an existing loan of about $250K.1. If I understand correctly, the depreciation cap...
Tushar Shah
Structure a deal in personal name or LLC?
Hello BP!!I am planning to buy three investment properties over next 2 to 3 weeks in Indiana (My first investment properties - Hurray!!). I will financing these properties by putting 20.0% down the borrowing the remai...
Rebecca Miller
LLC to start, then Series LLC
I'm just starting out with real estate investing in Illinois, and have been looking into the advantages of the Series LLC. At this point, I don't have any rental properties, but I am getting close to being at the poin...
Wojtek Wlodarski
Tax liens for sale in New York, Nassau County
Just figured it's a pretty neat way to look into going prices of tax liens and they have a PDF file if you look through the links on the left of the page taht have all the tax liens sold. They have the lien amount, t...
Gary Parker
Rehabbing My Marketing
I have been somewhat successful and admittedly complacent with my RE investing career and marketing. I have always marketed to NOD, to all zip codes in the county, 3 letters & followed up further if a sale date h...
Tony Iaconelli
How should I fund a rehab?
Hey everyone!I'm looking to purchase a house out of state to use as a rental. I live in Illinois, and am looking to purchase one in Indiana. The home will cost around 8-10K, and the rehab will cost another 10-20K. I ...
Nikoma Thompson
Foreign Tenant Having Issues Mailing Check
I have a tenant who is a visiting scientist from China. He is having issues mailing the check. His preference is to bring it to my husband's office, as they work on the same campus. THe first time he did this because ...