I've been working with a homeowner since July. It's a rental property in poor condition in a great neighborhood. He evicted his tenant for non payment and I marketed the house @ $99K. (Assessed @ 145K) No takers, ne...
Looking at a duplex and owner says he would seller finance for 18-20% down and would hold the loan for 2-4 years. Does that mean I would need to have it paid off by then or,,, refinance what's left with a bank? I gues...
Posting my first new construction, and simultaneous short term rental. I’m hoping I can help show people that zero down investing is very much possible with the right deal and the right people. This was a deal where w...
I currently have two long term rentals and am looking into buying into the short term rental arena. I know there are penalties and tax implications but wanted some advice on cashing out Roth IRA or IRA to buy investm...
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Can you manage properties held by your self-directed IRA? Assuming you do none of the hands on work? Same question for managing the rehab.
What if your SD IRA owns part of the property but you provide property man...