I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...
Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario. So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...
I'm a real estate broker in Tucson, Az and I've been trying to buy my first flip home for the last 6 months or so and I keep getting outbid. I have studied flip books and repair costs etc, so I think my repair estima...
Hello BP,
When it comes to Seller/Owner Financing how does this work when the seller/ owner still have a mortgage on the property? Do they pay the mortgage via your payments, Do you make the payments to the lender....
I've seen a lot of info about the self-directed IRA for investors that are under 60, but I haven't found anything (yet) for those of us 60 and over. Is that still the best vehicle to move my 401k into, if I want to in...
My company's 401k will allow me to take loans of up to 50% of my balance. I believe the rate would be around 5% and all the interest goes back into my 401k. On the other hand a hard money lender collects the interes...
Aspiring buy and hold investor here. Here's a short backstory before the dilemma.... We own a home with approximately 125k in equity. We rent cheaply elsewhere and recently started renting our house out for $1500 a mo...
Dear CommunityMy current tenants have 1 year lease which expires now May 31st.They were not paying so I have referred then to a King County rental assistance program, which they successfully qualified.I was able to ge...
Is it possible to underwrite seller financing deals in Michael Blank calculator?I need help on a seller financing deal offer I am putting together. It's a 12 unit apartment building. Each unit is $700 rent, insurance ...
Hi all,I just passed the real estate license exam here in Chicago, my intention is to do this for family business purposes and am looking for a favorable commission structure. I found one brokerage, Kale Realty who ha...