Neal Weinstein
SubTo in LLC
I am looking to purchase an investment property from another investor strictly for the rate. I will make him whole, and I will take the house subto. He currently owns the house in an LLC. If I have him put the insu...
Kenneth Garrett
Lease Option Considerations
Looking at a Lease option to purchase and will rent out to my tenant. Anyone have experience with these types of transactions? Option fee is 10,000 for 125,000 purchase. What is typical length, does payment apply t...
Tycee Tyler
First flip all input welcome
I am looking into doing my first flip with a hard money lender I'm in South NJ for those that are close please let it be known. Basically just looking to gain any knowledge out there about hard money, picking right p...
Shyam Kumar
Is Property Management a Profitable Business?
I am planning to start a property management business in Texas. Can I expect to see good profits in this business?Any guidance is greatly appreciated !
Basit Siddiqi
SEP-IRA > SDIRA / Solo401K for balances below $100,000
Hello all,
I just wanted to share my recent decision of a retirement account to set up for my self and the reason why.A little about meI currently have $0 in traditional retirement accounts(IRA, 401K, etc). I took an...
Account Closed
Feedback on my first analysis
Will try to give all relevant details here, let me know if I miss anything8 unit apartment building in Western, NY. 6x 1bd 1ba, 2x studio, 265k purchase priceMax total rents - 55,800/year Max Current rents 42,000/year...
Chris Policicchio
Is a checkbook manager recommended for an LLC owned by a SDIRA?
I am in the process of setting up a self-directed IRA and then an LLC so I can have checkbook control. I want checkbook control to avoid the fees associated with money going in or out of the IRA. While vetting a few...
Account Closed
Fresno monthly utilities costs for SFH
Why is Fresno so coy about the monthly charges for utilities? It's funny - the FAQ on the city website under "what are the fees for utilities" is answered with a non-answer with some vague mention that fees are calcu...
Josh Oaten
Are HOA's An Expense Issue?
I am looking to start my REI journey around Phoenix, Arizona. When researching single family homes around the $250K-$300K price range in places such as Gilbert, Goodyear, Tempe, Litchfield Park I am finding that most ...
Paul Seidenzahl
Good deal or no?
So I am already in process of buying a property with owner financing (made offer Friday) and another deal has kind of fallen on my lap. Friend of mine has a townhouse, bought in 2008 for 170k, owes 146k (houses around...