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All Forum Posts by: Jodi Bailey

Jodi Bailey has started 4 posts and replied 14 times.

Post: Real Estate Friendly Self-Directed IRA

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

@Dmitriy Fomichenko with Sense Financial is a wonderful resource to help you through this process.  He has provided a wealth of knowledge and guidance as I made this transition last year and continues to provide support as needed.  

Post: Using Personal HELOC to buy a flip house

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

@Dave Foster,

Can an LLC borrow from the personal Heloc and use the funds to fix the house. Can this loan then be incorporated into the closing documents when sold so that it is repaid prior to the 1031 exchange?

Post: Doc provider to set up custodial IRA with Solera

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

@C Maxwell I had great success with the group at Sense Financial. You can find their link here in BP. Good luck in your ventures.

Post: Arkansas Attorney Recommendations

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

Hello @Jeremy Bohnett,

Paul Younger should be able to help you with your attorney needs.  He is located in Fayetteville and is an RE investor as well.  

Good luck with your ventures.

Jodi

Post: lessons learned from my first 20 unit rehab

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

@Tab Teehee any thought given to a partner to develop your dream? I currently invest in NW Arkansas and am looking for something new. Might be an interesting conversation sometime....

Post: BiggerPockets Conference: Pro Only Ticket Sales

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

Darn, just saw this.......after the deadline...any chance the deadline might be extended?

Post: Property Manager in Siloam Springs AR Area

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

Nathan, Thank you for your insight.  The checklist will be a great help as I interview companies.  Others have made the comment to discuss how repairs are completed as some do not do post work inspections, but leave it to the next move in inspection for comment.  This seems like signing a blank check to the repair contractor. Is this standard in the industry?  Can you share how your company handles repair work and insuring the work was performed as requested with good craftsmanship?

Post: Property Manager in Siloam Springs AR Area

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

Looking for recommendations for PM's that actively manage properties in the Siloam Springs, AR area with potential for properties in Bentonville & Lowell.  Your input is appreciated.

Post: Recommendations - Financial Planner - NWA

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

Looking for recommendations for a financial planner in NW Arkansas. Prefer one that has working knowledge in real estate and self directed IRA's. Your insight is appreciated.

Post: Suggestions for a good PM in NW Arkansas?

Jodi Bailey
Pro Member
Posted
  • Rental Property Investor
  • NW Arkansas
  • Posts 15
  • Votes 7

I will give him a call.  Thank you.