Joseph T LaRue
Morris Invest / SDIRA Wealth
Has anyone ever worked with Morris Investment? Are they a good company to work with? You can purchase rental properties from them and they manager the properties as well.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
Trace LeDogge
Connecticut: Does an agent have to disclose they are an agent?
Greetings-
In Connecticut, if a real estate agent is selling their own property (not on MLS), do they have to notify the potential purchaser that they are a licensed real estate agent? If it not a legal requirement, ...
Gurjot Grewal
Are you currently investing in Columbus?
Hey BP,I'm looking to connect with investors in Columbus. Whether active or not, local or distance. Are you currently looking to purchase?How's your experience been since starting your portfolio in Columbus? What is s...
Account Closed
Cost Segregation Study
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Eddie Gonzalez
How to evaluate a fully operating business for sale?
Restaurant & Hookah place on the works to putting under contract. I have a list of potential buyers but they want to know the liquids, cash flow and a run down of numbers. I’ve never done it before so looking for ...
Mike Schorah
This can’t be right……. is it that easy to make money as a real estate agent?
I always saw what the Bureau of Labor Statistics said about real estate agents. For instance, the newest stat for real estate agents is that the median salary is $49k (https://www.bls.gov/ooh/sales/home.htm).
I spent...
Ramon Smothers
Leaky Pipes...Deal breaker or no?
So I'm currently in escrow with closing set for two weeks away...I had the property inspected about a week ago and am now out of option period. The inspector did point out some evidence of water damage on the ceiling ...
Chris Licavoli
Buying Rental Props with Self Directed IRA
Greetings BPers!
I would like to learn how to purchase a rental property through my self directed IRA. I have an account through Equity Trust. I have enough in my SD IRA to make the down payment of 25%,...
Rob B.
Is my property management company doing something illegal?
Here's the situation: I bought a 16-unit complex in Fresno in May. It's in a bad neighborhood and I knew it would take a lot of work so I hired a property management company. Normally I manage my own properties, but I...