All Forum Posts by: Drew Hoffos
Drew Hoffos has started 6 posts and replied 15 times.
Hey BP friends!
The wife and I are targeting the Boise area and looking for a property there to purchase and rehab into an STR.
Looking for a referral for a qualified realtor in the area.
Thank you!
Post: Maximize Your Retirement: The Ultimate Guide to SDIRAs

- san diego
- Posts 16
- Votes 6
Hi there! I have an SDIRA with UDirect. I'm unable to get my section 8 tenant's rent sent into them.
Do you have a company you recommend for SDIRA's?
I looked into Madison trust, but their quarterly fee is over $100!
Thanks!
Drew
Post: USING A SELF DIRECTED REAL ESTATE IRA TO ACQUIRE INVESTMENT PROPERTY

- san diego
- Posts 16
- Votes 6
Amazing!! I will reach out and give them a try!!
Post: USING A SELF DIRECTED REAL ESTATE IRA TO ACQUIRE INVESTMENT PROPERTY

- san diego
- Posts 16
- Votes 6
Hey there! I’ve been trying to do this, but every bank I’ve dealt with has said they can do it, and then backs out.
would love to learn which bank(s) would loan on a SDIRA
Thanks!!
Post: ADU potential for my existing property! How to develop the land

- san diego
- Posts 16
- Votes 6
I have a home on a 1/2 acre parcel in 92065. Looking to add an ADU to the back where we have alley access.
Thinking of doing prefab house, but no idea where to start...
Who handles permits, land use zoning, etc.?
Any help would be much appreciated!
Thanks.
Post: Advice for our family home. We're stuck & need creative solution!

- san diego
- Posts 16
- Votes 6
Hi friends! Wife and I own restaurants. Two investment properties out of town.
Sold our family home during the pandemic due to our third child and now we're stuck living with my in-laws.
(yes, the built-in babysitter is nice... but we need our own space for God's sake!)
The rates on our investments are too low to cash out refi. (26 years left on the notes). Don't want to take capital gains on them either.
Due to the pandemic our tax returns look tragic the past two years (thanks to our creative accountant).
Stated income mortgages in the 8%'s?!
We're a family of 5, so need at LEAST a 3 bedroom in a B - A- neighborhood.
Nothing in San Diego can be had under a million for what we need/want. And while we potentially could afford up to an $8000 payment, we can't get qualified.
Ok, finally getting to the question here....
*** Does anyone have any creative solution for a problem like this? I'm assuming a cosigner would be the easiest, but our parents are both leveraged out too far for their fixed incomes to qualify for the $8k debt to income situation.
Lease to buy? Has that ever worked for anyone?
Local billionaire's adopting 41 year old chefs?
Sincerely appreciate any advice! Stay well friends.
Post: Off-market 20-unit Mobile Home Park in Mount Pleasant, Tx

- san diego
- Posts 16
- Votes 6
Just sent you a text message. Let me know if you'd prefer to communicate via email or on here.
Drew
Post: Seeking STR in Beach Town Where should we buy?

- san diego
- Posts 16
- Votes 6
Thank you all so much for the info!!
Post: Seeking STR in Beach Town Where should we buy?

- san diego
- Posts 16
- Votes 6
Are there any sleeper markets out there where a property could be had for $200k or less?
I'm excited to hear what you all think!
Thanks in advance. And if you have any STR management contacts I would love to use them!
Cheers.
Post: Inspector in Columbus

- san diego
- Posts 16
- Votes 6
Sullivant street? I was tempted but that is a PROJECT!! Good luck!