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Hey all-
My first deal is a single family home with tenants already in place. They are paying $650/month in rent, and have been paying and paying on time since their lease began in July of this year.
I ...
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I am looking at moving funds from a previous employer 401(k) into a SD IRA. I am considering using Equity Trust or Next Generation Trust. Anyone have experience you wish to share regarding doing business with either? ...
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As the middle man in a wholesale deal, what legal fees am I responsible for? Title search/closing etc. I have a signed sale agreement and notorized memorandum I am sending over to a closing attorney in the morning. I'...
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I listened to the podcast on asset protection, and honestly dismissed it for a couple of weeks. However, the more I am learning about RE, the more I realized that I need to have an asset protection, estate planning an...
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Hello! We are closing on our first out-of-state investment. How do you handle showings for prospective tenants from out-of-state? We would prefer not to use a property manager, and our realtor is charging one month's ...
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Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.
Which means you shouldn’t have to wait all t...
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Hey friends!My partner and I want to flip a house and we have someone who wants to fund us, but they want to explore the option of using an IRA to do so. From what I understand this is possible if it's set up as a sel...
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I recently closed on a duplex with an inherited tenant. The date of closing was Dec 20. At the closing table I received the rest of December’s rent from the previous owner. Later I find out from the tenant that the te...
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I’m a dad with a non-working wife and a son. Not much more to add.I’m working as an SEO and another job, and I want to become an investor. How did you get started with investing?
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Hi guys,Me and my fiance will be buying our first multifamily in Jacksonville FL next year. We've been interviewing real estate agents, and recently asked them whether or not we needed a real estate lawyer to review t...