Suzanne Ludlum
Looking for good Self-Directed IRA custodian companies
Has anyone used a self-directed IRA to fund real estate deals? If so, what company would you recommend? And, has anyone had experience with Equity Trust out of West Lake, Ohio?
Tony Marcelle
Is cold calling better than direct mail?
I feel like this. At least when the seller calls me first I know they are interested. That is an ice breaker for me when they call me first because I don't have to worry about making some random phone call at the wron...
Mel Adams
Is rental income counted toward DTI?
Hi all - I'm looking to purchase my first investment property using a conventional loan. My current DTI is <40% and I have excellent credit so I don't foresee any issues qualifying (someone please tell me if I'm wr...
Wendy S.
Emotional Support Animal
Happy 2023!So I am about to rent to a Tenant with an emotional support animal. I've met the dog, got the physician letter, checked the registry etc. Upon further research I now see its good to ask for vet documents a...
Gregg Truex
Trying to better understand the cost on UBIT (Unrelated Business Income Tax)
I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...
Bob Wilson
Chicago Single Family Homes....
MF seems to be the hot topic. Let's switch it up today! If you are in Chicago or suburbs, and investing in SFU (not MF), why?Is it financial, or something else..
Mary Jay
Partial payments-eviction. Help please!
I need to evict a tenant and this tenant is paying the first part of the rent through zelle, and the second part of the rent by a check (because she has a limit on zelle.)
Her zelle pmt for the month of February w...
Jason Carter
need help selling my home without an agent FSBO
I have a neighbor interested in my home. I would like to sell without an agent since I already have a buyer lined up. I was hoping someone here has experience with FSBO and could share what is needed to close the deal...
Brenda Lee
Tax Expense Deduction
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Austin Lowe
Assignment fees PLUS mark-up?
I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...