Hello BP,What are some of issues that can arise from using self directed IRA to purchase mobile home park with partners? It would be all tenant owned homes. Thank you in advance!Tosh
Tenants who moved in with a 12-month lease in April sent an email today saying a parent is buying them a house, it happened quickly, and they will be moving out September 1, only 4 months into the lease. They've been...
As a new investor I am so excited when I see the opportunity to acquire a new home. However, this excitement is one of the reasons why we newbies make mistakes. My husband and I are looking to get our feet wet with ev...
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
So I recently came across a new way to make money in real estate it's called a reverse short sale. Basically in a nutshell we would wait for a short sale to fall apart and then after that happens we would go to the au...
So I have a lead on a mobile home park. The owner called me after my first mail campaign to him. Our conversation was a little odd because he said he didn't want to sell the park, he only wants to do a 1031 exchange b...
Hey BP!Now given, before you read this, I am no economic genius, and most likely even ignorant as far this goes, but I have some questions. So with that said, here you go.I've been watching and reading lately about Gr...
The DJIA closed at $17,833 on January 2, 2015. It closed the year out on December 31, 2015 at $17,425--down 2.2%. If you're IRA or 401K followed the performance of the DOW, you had no gain for the year. Furthermore, t...
I would like to hear what other landlords use for locks. I was recently told about a lock that can be used on multiple properties but the landlord/owner can get in all with just one key. Anybody out there using any sp...
The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...