All Forum Posts by: Jeremy England

 You need to set up an sdira and roll the funds into that. I havent done it but there are several recs on this forum. Just do a search

I've been maxing my 401k for the past 8 years.  Did the match for the previous 3 years.

When one considers the match, and the market gains in the total ROI. Right now I have about a 145pct ROI.

If you want to compare that with a REI, if you plan on BRRRR the property, then your ROI will be much greater. However, Risk is higher as well. If you lose on a REI, your losses tend to be larger.

I look at my 401k as my "low risk" investing (even though its entirely in common stock funds).  I'm comfortable with a great deal of risk.  Plus I look at market dips as means to purchase more with my money.  

I've managed to get this far with maxing the 401k and rei at the same time so my advice is to do similar

Knocked it out of the park, what are you? like 23?  You'll be rich by 30 keeping this up

I use Cozy.  I also list my property with Cozy and collect rent through cozy.  It has been an awesome tool that costs me nothing.  Its pretty idiot proof to set up.  

My advice would be just to lend another investor your IRA funds. Maybe as a transaction loan or something until you build enough to purchase a property. Then your ira can own the property and make payments, all profits go back into the ira. Keeps everything separate.

 I would also like to hear how this works

I found hancock whitney gave me The best terms on refi 

Youll have to wait 6mo from purchase unless you only plan on getting what you purchase the property for

But penair was pretty competitive also

 Matt. Coworker of mine owns a beach condo in perdido. Its across the street from the GOM 1br 

He has more vacant days than rented. Even in this season. I can connect you to him for more specific info. Just txt me

I dont want to understate how much mold there was. It was there.  And more than just on the back of the base board. Several sheets of sheathing was replaced and insulation replaced

The job was done well.  And the company i use, ive used many times. I dont think it could have been done any other way

 The siding was pulled off to see what was behind the wall without tearing out the sheetrock and vanity. I agree that i think it was unnecessary.  But the tenant is very sensitive to olfactory stimulations apparently. She’s been hospitalized over mold in her last few rentals apparently.  (Medical conditions is not something i screened for)

But thats all water under the bridge now

I have found that in florida there is no requirement to disclose mold remediation to tenants.  So, i guess ill have the ac cleaned and be done when she moves out