How do you take a required distribution when the IRA owns a house?
A friend pointed me toward holding a small rental inside a Roth vs a traditional IRA and I got stuck on the far end of it. If the account has to start paying me out at some point,…
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A friend pointed me toward holding a small rental inside a Roth vs a traditional IRA and I got stuck on the far end of it. If the account has to start paying me out at some point,…
I've been reading titling patterns on sub-to acquisitions and I don't think the room agrees on this at all. The land trust argument: the deed transfers to a trust, the seller is o…
Three property rehab, running about $310k of combined budget, and I moved draw tracking and lien waiver collection to a VA in month two because I was drowning. The process I gave…
A common fork for a wholesaler running two campaigns and drowning in follow up. One VA shop wants $1,500 a month flat for a "dedicated seat, full time, 40 hours". The other quotes…
A 40 agent brokerage sends a photographer its standard agreement. Volume would be 30 to 45 shoots a month at $200 flat, interiors plus exteriors, drone extra. The paperwork is whe…
I ask the dumb questions here so I'll narrate this the same way. I had never sold visual media to anyone before this and I priced it by guessing. The property was 68 acres of mixe…
A notice of default is the filing that starts the foreclosure clock, recorded at the county, which is why lists of these names exist publicly. Arrears means the missed payments pl…
Thinking a year out about this strategy is more useful than thinking about one house. The reported first quarter numbers have foreclosure starts up 20 percent year over year to ro…
I run renovation scope for other people. Every week I drive past three or four houses that are obviously in trouble. Tarp roof, mail piled up, a dumpster that's been full since fo…
A guy who does yard work in a neighborhood I like emailed me offering what he calls off-market leads. His terms: $400 per lead, paid before he tells me the address, and he says he…
Take a 168-unit, 1980s garden product in a second-ring suburb, average in-place rent around $1,340, previously run by a regional management shop for nine years. The trailing twelv…
A common setup for someone sourcing rural land is a spreadsheet of dozens of parcels, columns for acreage, price, price per acre, county, whether the owner has been contacted, and…
A scenario that comes up on the systems side. An investor hires an unlicensed consultant to build out lead intake and follow up for acquisitions. The consultant discloses up front…
Take a fourplex, older building, all four units on plain long term leases. Unit 2 comes open in summer, and a corporate housing provider has called twice over the previous year as…
I've been circling the investing side of this industry for about a year without a clear idea of where I'd fit, and the amount of money I have available is small enough that most d…
Reading transactional funder agreements closely shows where the real protection sits. The same-session structure is straightforward: money goes out, the A leg records or is held,…
Working through a 128-unit heavy value-add where the plan is a 24 month reposition, agency refi in month 30, then hold to year 7. Purchase 14.2M, 3.9M of capex, all-in basis aroun…
Underwriting a small multifamily BRRRR with a refinance nine to twelve months out raises a genuine question about which rate assumption belongs in that exit line. Say today's quot…
Take a landlord with eleven units across two states running leases off a $199 template pack. A drafting tool now produces addenda that read better than anything the landlord write…
Consider a purchase of a small mixed use building where the title commitment comes back with fourteen exceptions on Schedule B, most of them unfamiliar to a buyer reading it for t…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.