Capital expenses are the big budget items that you have to consider when you’re analyzing a potential rental. These heavy ticket items can dramatically alter your great deal and turn it into a dud really quickly. Capital expenses (or improvements) can be: New Roof Replacing Boilers, Furnaces, or AC units Major Electrical or Plumbing Work […]
When you’re looking at a potential rental property, one of the biggest variables to effectively analyze are the costs of ownership. If you get those wrong, you could find yourself trapped in a negative cash flow situation. If the listing agent or seller of a property gives you a P&L, that’s a good starting point, […]
Tommy explains the details of a financial tool known as the SDIRA, or, Self-Directed IRA. This tax deferred option allows passive real estate investment in rehabs or rentals, and is a great way for investors to get involved in real estate investing using funds they wouldn’t normally have control over.