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All Forum Posts by: Debbie G.

Debbie G. has started 2 posts and replied 23 times.

I'm inheriting an traditional IRA and I'm also looking at duplexes for buy and hold. I'm researching solo 401k and sd ira's but not sure if an inherited IRA can be rolled over into one of these and then I can use funds for down payments on RE buy and holds? Any suggestions where to find info? Thanks!

Post: I am giving away a free rental house in St. Louis

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

@Jay Hinrichs wonderful idea, I hope whomever you chose learns even more about the rehab & rental process and sees the great gift of giving back -- and may even possibly pay it forward in the future themselves!   Best of luck with this process, can't wait to read updates.  

great curb appeal, congrats on the success!

Post: First deal done, $25,000 net profit wholetail!

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

@Oz Pariser  Congratulations!  Best of luck for your next deal!

Post: Met my $100k cash flow goal!

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

@Amy  thanks for including these extra details!  Great job with your successes!

Post: First Live-In Flip Complete!

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

really nice job!  Good luck with your next live in.  It really is a great way to make extra money to move every 3-4 years as long as the market is good when you want to sell.  

Post: My first flip

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

Really great success story!  On to your next one!

Post: 48 unit closing on Monday

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

Way to go! Congrats!

Post: Life goals + how REI will get you there

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

My short term goals include closing first deal this year, then 2 more by end of year, of small MF buy and holds.  My sister and I are partners and will keep our W2 jobs until we can achieve our salaries/benefits with rentals, possible flips, in the next five years.  My life goal is to build a family business so that our kids have some options when they enter workforce.  I don't believe jobs/careers are going to be the same in a few years due to technology and more emphasis on younger workers piecing together a life with contract type work (uber, self driving trucks, AI advances).  Future workers need to adapt in order to have same or better quality of life than us so I'd like to have at least 100 rentals by year 5.  

Post: My first rental

Debbie G.Posted
  • Boca Raton, FL
  • Posts 24
  • Votes 17

NON Smokers if your State allows it.  Pet deposit if your State allows it.  References requires.  Good luck!