Meg Schlesman
Solo 401k/SDIRA question
Good morning, We have an old pension that is offering a lump sum payment option (approx 50k). Is it possible to roll into a solo 401k and use that money to fund down payment for 2 investment properties? I assume we...
Nikki Cuozzo
Concerns about no lease for tenants
Hello! I am in the process of purchasing a 3-family home. I am awaiting inspection in 2 days, however in the mean time I have been slowly acquiring information on the tenants who are currently occupying 2 of the 3 un...
Nati Adler
Cleveland Ohio market
Hello everyone. I'm new here. And I also live far from the United States and am not an American citizen. I live in Israel. My question is what do you think about investing in a property in Cleveland Ohio. In Euc...
Barrett Determan
HELP - Bogus Lien Issue on Off Market Purchase
Got a signed purchase agreement on an off market property this spring. The seller requested several months so that some of the family members currently living there could get out of school and find a new place to live...
Dennis Hill
Please help - Need advise on a potential deal
I am strongly considering purchasing 1/2 acre of land w/ an existing structure on it. The value is in the land. The strategy I am considering is to tear down the existing structure and rebuild w/ a 4 unit complex. ...
Jason Koehl
Paid 2K commission to realtor for tenant stayed less than 3 month
My friend who is an agent listed my MI home for rent on the MLS. Another agent brought me a tenant and their tenant signed a lease. This tenant lasted less than 3 months and then eventually moved out after giving an...
Robb R.
Series LLC - which entity signs leases?
Hi all,For a series LLC, where each property is titled in a separate series, what is the best practice in your opinion for contractual obligations of those series? For example, if one series contains one rental unit, ...
Matthew Heffernan
Indiana, first rental property up/down
Hey all! I’ve finally pulled the trigger and now a few weeks from closing on a 2 unit in my “back yard”.While I’ve read about many tax / write off advantages to investment properties, I wasn’t planning on getting an ...
Owen C Davis
Underwriting OpEx and Rehab Costs in St Louis
I am looking to purchase an 8-unit property in the Skinker/DeBaliviere neighborhood of St Louis. I have identified several properties that fit my buying criteria, but I am having a hard time underwriting OpEx for the ...
Ian Nielsen
Seller Financing deal
Are mobile home parks a good idea to do seller financing?
16 units, 15 tenants already in place. I haven't discussed terms but seller is willing to finance 100% of deal at 6.5%.
I've never done a deal before but rea...