All Forum Posts by: Kishore P.

@Michael Sato: Thank You, for feedback, I appreciate your prompt response. I see you are from Las Pinas, Metro Manila. I was curious how? BP is relevant with Real Estate Investors in Philippines. 

@Jim Kennedy Thank you for much-appreciated counsel from your unique vantage point. I appreciate all differing views/opinions. I plan to take in all and come out a better investor

@Nina Davenport: Appreciate your counsel and advice. Thus, far I've had overwhelmingly feedback to my queries here in BP. I know now that I have made a sound investment by investing in BP-PRO.

I will certainly do my homework before investing with SDIRA.

Keep the good counsel coming to others like me.

Best Regards

Hello Ashley: Check out Equity Trust Company, https://myequity.com/

Hope this helps.

Good Luck !

Hello Mark: Ty for taking the time to respond to my post.

Based on my research I feel the same way. But, I wanted to confirm with someone who is little more experience than I to make that call.

Sincerely

Kishore P

Hello All:

Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA.

My wife is conservative and not excited about the prospect of me investing IRA in Real Estate.

Question: At Closing, does spouse need to co-sign off at closing in the State of Michigan?What are my options really, can I invest in Multifamily, if my spouse is not on board.

I know she will come around to it if I could demonstrate some success.

Thanks

Kishore

Hello Josh:

Find out if you are able to rent a temporary Gas Range for a week o" two from your local "Rent a Center". You may want to document that the replacement is temporary and that any damage to the rental Gas Range will be shouldered by the current renters. 

If they do indeed damage the rental Gas Range you have documented evidence supporting your case for the courts.
In the meantime, do a professional thorough job of cleaning the original stove and replace the rental with the original one.

By doing that you are complying with the tenant's complaint that you made an earnest effort to resolve the complaint (frivilous as it may seem)

If they hold rent you because you returned with the original gas range (that is what? you want them to do). You can start the eviction process by first offering them a cash incentive and diplomatically asking them to leave and if that doesn't work out, then courts is the last option.

The "burden of proof" is on the Landlord to demonstrate that you were able and willing to resolve the renter complaint.

Good Luck ! We are eager to find out how? it all worked out for you.

Hello Joel: Congratulations young man !

We are so happy for you in BP.

My wish is others here will get inspired and replicate your success

Would love to have a conversation with you. I'm interested in doing the same.

How do i get hold of you ?

Thanks

Kishore. P

Hello Rosston/Mark/Michael/Ian:

Thank you, all for the warm Welcome and words of encouragement !

By the year end, I hope to have a plan of action for 2017.

Sincerely

Kishore. P