All Forum Posts by: Daniel Decker

Hey,

Regarding property managers, I have used Dalzell and Gerard Real Estate for seven years now.  Both are excellent.  Gerard uses Appfolio to manage everything which is nice because of the online tools.  Dalzell is a little more old school, but do a great job.

Daniel

@Tigran Kalaydzhyan

I currently use Dalzell Realtors and Gerard Real Estate. I would highly recommend both.

@Alfred Litton

I’ve used Gerard Real Estate to manage my properties for years. They do a good job.

@Dana Nay I’ve used Big Country Title many times and they have been great.

Is it close to Abilene?

Abilene is good shape. We purchased 9 rentals last year and completed two flips. The deals are there, but not on the mls. All of our properties were at least 1.5% and one of them was pushing 3%. 

@Brian EastmanThanks, I was pretty sure that would be the case, but just wanted to check on here.

@Scott W.Thanks for the idea.  I'm wanting to get a larger lot with a shop.  Maybe outside of town a little.

@Loren Whitneyand @Gino Barbaro, thanks for the input and your condolences.

@Ronald Lambertthanks for the book recommendation

I recently inherited a 401k from my father, and am considering my options of what to do with it.  I'm debating cashing it out (without penalty since it was a death benefit) or rolling it over to a SDIRA.  If I cash it out, I would pay tax on it at my current rate.  Then I would most likely use the cash to purchase rental properties or possibly notes.  If I roll it over into a SDIRA, I would most likely want to invest the same way.  The thing is, it would be nice to have access to the money for whatever I want (I'm looking at buying a primary residence soon).  I would have that access if I cash it out.  If I roll it over, I wouldn't.... or would I?  I've read a lot about how things have to be "kept at arms length" and how I can't benefit now, only in retirement when it comes to SDIRAs.  So here are my questions:  

(1) Could my SDIRA loan money to my business partner, and then I get a loan from my business partner for a similar amount with similar terms?

(2) If I own 50% of an LLC, can my SDIRA loan money to the LLC? What if I own less than 50% of the LLC?

Thanks in advance for all of your answers.

Any luck finding an appraiser?