All Forum Posts by: Mike Kirby
Mike Kirby has started 5 posts and replied 87 times.
Post: Using a Self-Directed IRA - SDIRA to purchase a Property
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Ken M.:
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.
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 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. :-)
My point was really that nobody should pay for an SDIRA coach that loses 60% in a stock market that’s been going up for a long time.
Post: Using a Self-Directed IRA - SDIRA to purchase a Property
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
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.
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 only dabble in the stock market too and this is my Fidelity account since Jan 2024.
Post: How would you Rate this Guest?
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
We broke our own rule this weekend. Our cabin is only big enough for a couple or a couple with little kids. We say that 4 adults aren't allowed. But we got a request saying that their kid lives next door to us so there would be 4 adults. I agreed because their kid lives next door and they knew it was small.
I got this picture from them on Sunday. At least he was upfront about it, said he would pay. No explanation but I think we all know what happened. Somebody got mad, locked the bedroom door and somebody got madder and punched thru the door! Luckily there was no more damage and he is paying $411 to replace the door.
My question to everyone is "how would you rate them on AIRBNB?".
Post: Free Sports Channel?
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Benjamin Louie:
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.
Post: Free Sports Channel?
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @John Underwood:
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?
Post: Free Sports Channel?
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
We just had a guest complain because we “only” had Roku TV. We didn’t have sports channels. What does everyone else offer? I’m not a sports guy but my understanding is Roku offers free sports channels and if you have your own streaming subscription you can connect thru Roku.
Post: Does the tenant pay for this?
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Nina Diehl:
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.
Post: Personal home, barely getting showings
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Zach Rubin:
Quote from @Caleb Brown:
Quote from @Zach Rubin:
@Caleb BrownDOM I believe they are in the 40s. Just buy looking at previous homes around my area and street when i was watching them were between 30-45 days. This was about 3 months ago too.
We started what we and the realtor said was a good price point would be. Also 6 out of the 7 showings including open houses said the price was good.
House is prepped and staged. Post cards, aids, social media is being pushed but nothing.
I would sit tight then. I pulled stats in my area to compare single family vs townhomes on DOM. Single families in my are are averaging 35 days on market vs 59 for townhomes. Townhomes are just slower movers, not as in demand.
I see lol definitely an unfortunate time at the moment! Bit nerve racking. It’ll sell just who knows with everything going on.
Post: Smokies: The juice still isn't worth the squeeze
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Jay Hinrichs:
Post: Joint Venture (Silent Partner – Seed Capital Model)
- Rental Property Investor
- New Braunfels, TX
- Posts 88
- Votes 70
Quote from @Cherie Dale:
I currently own a real estate brokerage in Phoenix, AZ and worked as a Loan Officer for 8 years before branching out on my own. While I’ve been on the finance and retail side of real estate for years, I’m now launching the wholesale side of my business to capture off-market opportunities and serve my investor network more directly.
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The Model: We wholesale discounted off-market properties to our existing cash buyer base as well as new investors we’re adding daily.
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The Ask: A seed capital contribution of $5,000–$10,000, earmarked strictly for marketing and operations (CRM setup, skip tracing, direct-to-seller outreach).
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The Return: Silent partners may choose between a fixed ROI of 60% within 6–9 months, or a profit share from the first few wholesale deals closed.
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The Security: Funds are tied directly to deal generation and managed through proven systems — acquisitions, dispositions, and closings are handled in-house.
I’m targeting 6–10 wholesale deals per month, with average assignment fees of $10K–$15K. This is a strong opportunity for a truly passive partner to earn attractive returns while I handle the operations.
👉 If interested, feel free to message me here on Bigger Pockets and we can connect.