In a conversation with a (local) LLC IRA facilitator I was told that IRS started to look into LLC IRAs cause many people violate the rules and no one is watching them. This particular facilitator structures the LLC so...

I am under contract for a home near Memphis, TN. The listing agent says it is a modular home and it’s stated as such on the disclosure forms. However my home inspector found a metal tag on the side of the home that in...

What does everyone think about white trim? Is it an easy way to cover up old window trim and scratched doors, or is this just a fad that nobody is going to want in a year? I have alot of old windows that I could eit...

Should we add a room?

Background:

We are in contract on our first duplex. It's a 1/1 each side with a full basement. We are looking to add some value to the place and we were thinking of how we could add a room. So...

Hello Everyone,I a new agent. A friend contacted me last night about a duplex she is interested in buying. I pulled the property on title pro 24/7 (don't have MLS access yet) and looked at the comps and I'm scheduled ...

has anyone done a 203k fha loan and a PowerSaver 203(k) Pilot Program

Hey allTrying to get an idea of what cost would be to redo a house in Houston/StaffordThis is a 1600 sqft duplex that has tenants in thereI was wanting to redo the entire house as well as insulation (might as well sin...

I am looking into buying a 3-4 bedroom property and having friends / co-workers rent the additional rooms. I would be living in the property as well. I would have them each sign a lease to ensure terms are laid out. M...

Hello,  I was wondering if the the 70% Rule applies to fixing a distressed property and then holding it for rent? If  not,  what is the rule of thumb? 

Hi everyone I just wanted to shoot out my idea and see what people think about it. I have been thinking about buying my first rental property for a long time and want to focus on student rentals. I would like to occup...