I have set up a self-directed IRA account for my real estate investments. I have been approached by an investor/developer to lend second or third position on his projects (which is allowed by my SDIRA custodian as lon...
My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
Hello BP!I wanted to share our latest "buy and hold" deal with you. It was a short sale with some twists and turns, but in the end, a success. I actually found this one on Zillow, which is rare because everything on Z...
Hi BP!This is part of a series where I detail the conversion of four units from long-term rentals to short-term Vacation Rentals (VR.)Synopsis of this part: Setting up wifi for your guests and for smart devices in you...
Hello everyone, I have been a buy and hold investor for more than 20 years now and started getting involved in joint venture flips last year. After doing 3 flips in Ontario and a 4th one one the way I am now also invo...
Seller has a property he is trying to sell and does not know IF there is a morgage on the property. His son owns it but unable to talk. Dad has power of attorney to do EVERYTHING on the sons behalf, but not sure of AN...
We are experiencing heat wave right now in LA (and other areas in the state and in the country), where the A/Cs are not totally efficient. Some areas have even experienced power outage during the most part of the week...
Hello!I am new to this forum and real estate in general. I'll try to keep this posting as brief as I can but I feel I have to provide some background information. I am single, 40 years old, and have worked as a comput...
I have a real estate agent who is very conservative, who doesn't know about creative financing (nor dor I really), and who seems to care more about putting in a "reasonable" offer, than putting in an offer I am comfor...
About the units...10- 2br1ba(built in 1975), 4- 3br1ba(built in 2002)single story, brickTaxes - $8,900 yr Insurance - not sure Great Rental History! 100% current occupancy. Asking Price $499,000. Avg Yearly Gross Inco...