All Forum Posts by: Daniel Lujan

@Cynthia Eugene 

You are absolutely better off listening to podcasts on BP for great insight and motivation. Then take the step to educate yourself on a particular niche. Everyone has something special in them, including you :)

@Lynn Currie 

Outstanding. I will see if she would be able to lend a hand. Thanks for your insight fellow Austinite :)

@Brian Eastman 

The true reason is that the custodian is American Pension Services. The SEC obtained an asset freeze on all APS accounts and my contribution for 2014 is impossible... Luckily I can still invest with the IRA LLC.

Thanks for your intuition.

I have an IRA LLC with checkbook control, however, I'm looking for a reputable company in Austin, Texas where I invest. Any recommendations?

www.supercheapsigns.com

I'm sure you could find cheaper, but these guys are awesome. Just check'em out.

I've got a lady who has a property free and clear. She has a tenant in the property and that tenant wants to buy it. She says that she has been waiting on them to get a loan through the bank but their credit is shot and she is tired of waiting.

Here's the numbers:
ARV 130K
As Is Value 110K

I was thinking of taking ownership of the property from her, with her carrying back the 110K, and then I will then turn around and owner finance the people who are already in the house because they want the house, at a higher interest rate to make some cash flow. Is there anything wrong with this?

How else could I do this deal? Any advise would be great!

Daniel

I have a house in poor condition, seller agreed to go ahead and get the shortsale process going. One step is to get property on market to "show" the bank that the seller is trying to sale his property. I'm sure that he won't be able to because there is about 18,000 worth of work to do on the house.

My question is, Realtors have the "wiifm" what in it for me mentality. Now, if there is no equity, then does the bank pay them? If so, what %? How does this work?

Thanks,
Daniel

Awesome advise for door to door there Mr. Green.

Thanks to all the replied. Very helpful info here. You guys are awesome..

Daniel

Hey All,

I was wondering about how much deposit to ask for?

Also, what is security deposit in " Certified Funds"???? What does certified funds mean?

Daniel