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Updated over 5 years ago on . Most recent reply

User Stats

151
Posts
17
Votes
Richard J.
  • Real Estate Investor
  • Carlsbad, CA
17
Votes |
151
Posts

IRA Investing

Richard J.
  • Real Estate Investor
  • Carlsbad, CA
Posted

Hello Everyone:

We are Dawn and Richard in California, new to BP. We are both DRE licensed Brokers, but not active in the public RE arena at the present time. We currently buy at auction (trustee sales), fix and flip with IRA monies. We list our own properties and pay a commission to the Selling Brokerage. We have been fairly successful and find the people and situations quite stimulating to say the least. We do have a CPA and an Attorney and we operate within two LLCs. Although we do have a CPA and an Attorney, it has been my past experience that if you do not ask the right questions, then you cannot get the right answers and sometimes busy professionals, although being paid, do not always do an A+ job on your behalf, hence our main concern is finding competent, fully informed professionals regarding IRA investing in real estate. As we are new here, we have not checked out all the topics as of yet, just wanted to do a quick intro and hopefully get some friendly feedback and guidance from anyone and everyone that might be willing to steer us in the right direction. We need IRA experienced CPA and Attorney located anywhere in California between San Diego and Sacramento as we travel quite a bit and do not mind traveling to meet with qualified professional(s). Thank you. Dawn :D

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