All Forum Posts by: Mike Kirby

Speed is everything in real estate. I’ve seen deals close in as little as 7 days when the right funding is in place.

Curious — what’s the fastest turnaround you’ve had on a transaction, and what made it possible?

Always learning from the community here. 👇

What are you seeing as the cost to set up an SDIRA and what the custodian charges on an annual basis?

Since depreciation is not factored into a SDIRA account, it removes some of the benefits of rental real estate.

Therefore, i would need to make a considerable amount more(atleast 2.5% more in appreciation / Cashflow) in real estate over the stock market if I wanted to use the SDIRA to invest in real estate.

Anyone else find it mind boggling how many realtors are unresponsive and take multiple calls to actually get a response lately? For example you request a showing and they just never respond. You email some questions about lease end dates they never respond, basic info they should already know or easily be able to get from the seller. It seems to have gotten worse in 2025, guessing a lot of these agents are doing this part time now that the market has slowed. I am seeing this issue most commonly with the solo non-team agents and many of the elderly agents also, maybe a slow year makes them feel like they are already retired. 

Be very careful who you hire to sell your properties! Go with agents who have sold 50+ or even 100+ million and have teammates to quickly respond. I have been working with a teammate for a few years now and feel it works very well to be able to schedule/respond quickly to both buyers and sellers. You are better off even going with Redfin then some of these agents :X

Quote from @Mike Kirby:

Quote from @Ken M.:

Quote from @Mark S.:

@Ken M. ‘Hammered by the stock market’?? Which stock market? S&P 500 is up 14% this year and 100% over the past 5 years.

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EVERY Stock? My stock is down 60%.
Fortunately, since I only dabble and since I don't know how to add value to stock, or take advantage of it's tax write offs, I'll stick to real estate. Nice to meet you though.

I'm a big believer in SDIRA. I'm also a big believer you don't need to pay anyone to do it. It isn't hard. All of the material needed to do it is online and FREE... No one should pay anyone for something that is so easily accessible for FREE. 


I only dabble in the stock market too and this is my Fidelity account since Jan 2024. 

Bravo. I could show you my real estate portfolio but let's just say, I can buy below value, using leverage, it makes a lot more than that with less risk, plus it gives me tax write offs. :-)

@Mike Kirby 

We’ve run into the same thing, Mike. Roku does have some free sports channels, but most guests are usually looking for ESPN, NFL, or regional games, which typically require a subscription. A simple option is to offer something like Sling TV, YouTube TV, or Hulu Live and just include the sports package. Some hosts also leave instructions so guests can log into their own streaming accounts through Roku.

It really depends on your target guests. If you’re in an area that attracts a lot of sports fans, the small monthly cost of a streaming package might save you from repeat complaints.

We have YouTube TV and NFL Sunday ticket. 

We make a big deal of the fact that we offer typical cable channels plus NFL Sunday ticket.

We say if the others guys doesn't have this what other corners are they cutting?

This is my first rental property and I’m managing it myself. 

The tenant had a maintenance call for a toilet clog. The plumber found paper towels and baby wipes when snaked. 

This appears to be tenant caused. Do I ask the tenant to pay all $400 for the bill?  Split the bill?  It’s the tenant’s 2nd month.