Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...
Would like to hear from others on this one.Often, when I tell someone about an apartment building located in a class C neighborhood in NYC, the first question they ask is whether I carry a gun when visiting the proper...
Please reply with any feedback on Brad Sumrok who states he specializes in Multifamily acquisition and mentoring. He has been holding Investing Weekend Training Events.
Thank you.
"Irish Kevin"
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...