Freeman Schultz
Questions about rental applications
Along with a credit report, I have read that other documents for a rental application should be included. I was wondering what are the ones that are needed with every application? I have heard from one investor that y...
Account Closed
duplex has no comps
this guy has 4 duplexes that he wants to unload. he was initially asking 450k for two and 500k for two. but if i bought them all he'd drop them to 400k for two and 450 for two....1.7m total. there are no comps that ...
Jacob Seim
Cincinnati, OH Fixed Landlord-Paid Expenses
Hello community.
I'm getting more and more comfortable running property analysis' using the BiggerPockets Rental Property Calculator. My wife and I plan to buy a duplex/triples this Spring and house hack on the East...
Michael Plaks
Owing the IRS while under extension: interest and penalties
I see a lot of confusion on owing the IRS while under extension. Here's how the system works.
1. Extension that you filed on April 15 does give you time to file your taxes until Oct 15. But it does not extend the tim...
Chris Liu
Toronto - pre-construction condo tax question
I bought a pre-construction condo 5 years ago. It was my first purchase in real estate with the intention to live in it when the condo was finished. However, the project continuously got delayed and I ended up purchas...
Tanner Ladsten
Pay down car payment or save up for first property?
I am bouncing back and forth between two 2021 goals: 1. Pay off $25,000 in auto loansOr 2. Save $25,000 for an investment property down payment I realize that real estate should appreciate more than a 4.5% auto loan; ...
David Y.
Refinance options for primary and rental properties
I have a primary residence and a rental with mortgages in the 3% range and I'm looking to take advantage of low refinance rates in the 2% range.
The scenarios I'm going over are:
1) Refinance individually;
2) Refin...
Kelly Stevens
9-plex for $650000
I'm looking at a 9-plex for $650,000. Current income (with very below market rents) is $52,188 after expenses it is $38,855. I would put down 20% and get a commercial loan at 4.5% amortized to 25 years with a ten ye...
Jeff Weissman
Can self-directed IRA buy/sell real estate?
If so, I assume all cash flow (in & out...that is, income and expenses) must come into and be paid out of the IRA account, yes?
Advantages/disadvantages?
Terry Koepp
Using a Self directed Roth IRA
I am looking to invest into flipping houses (all the work being done by other people) using my Roth IRA as a self directed account and have a few questions:1) What SDRIRA management company would be best for this type...