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All Forum Posts by: Kevin S.

Kevin S. has started 22 posts and replied 379 times.

@David Dachtera

A well balanced response.  You took the time to dig deeper and come up with more plausible explanation than just shining 'more' negative light on newbies.  More respect to you.  

Newbies are newbies for a reason.  Yes, some will stay newbies and some will move up.  

@Michael P.

Do you mean seasoned investors or seasoned contributors/specialists on this forum?

Quote from @Mike Reynolds:
Quote from @Kevin S.:

Thanks for sharing.  This meant more than your initial post.  Do keep stories coming as one of them may hit some of us and have a 'Aha' moment.  


 Hah, mine wasn’t the op but I thought you had a great point so I shared mine. 


 It's still a good story.  Thanks Mike.

Thanks for sharing.  This meant more than your initial post.  Do keep stories coming as one of them may hit some of us and have a 'Aha' moment.  

Quote from @Angela M Alvaroe-Ciampo:

Very nicely said & organized! And I totally agree, I just posted about this, you have to be a Go-Giver, if you have not read this book, get it, I think there are actually 4 of these books now, but the first one (red cover) is the one I am referring to. Give something first - my example is simple - Can I cold call for you, I need to practice in this area anyways? Can I help you in some way? Etc. Then you say/ask what you need. 

I am a Subto student, so if anyone would like to learn about Subject-to or Seller Financing, I will make time for you. More tools in your tool belt = more success. Feel free to message me. I am a great Go-Giver and I can teach you, if you have an open mind. 

Flipping the coin over tho - I do believe that the newbies are lost & overwhelmed and all they can think of is questions!! Do you really blame them?? It's a lot coming into the Real Estate world. Sometimes you get lost & frustrated....

Ciao for now! And again, great post! Thank you!


 I am a newbie and I agree with your post about newbies are lost and overwhelmed.  I am guilty of that.  Sometimes newbies are so "new' and have so many questions and on top of that don't know how to navigate this platform that they start firing questions right away.  For seasoned investors sometimes they are so seasoned that they forget how newbies are.  There are still a few seasoned contributors here I see who are gracious and answer the (what I call) 'stupid, inexperienced, low informed newbies questions".  God bless them.  I understand people need to get something in return for advising others.  Then there are others who just help because they want to.  I am thankful for a BP member who is advising and helping me as I start my journey and has no expectation of anything in return.  Bill if you are reading this, just a shout out to you and others who are helping newbies.

@Logan M.

Thanks for the tips but these tips are just general tips that probably most of us are already aware of.  What would be helpful are tips that go deeper.  Yeah, different markets are different, every investor's goal and situation is different.  What we want to hear is how you did it, your story, your experience.  In snippets if you would/could.  One story at a time followed by more stories.  Trust me, you will have no shortage of audience.  Now that, would be more meaningful, and helpful.  

@Mateo Monsalve

Plus the political climate of that foreign country, squatter issues, local laws, tenant rights, etc.

@Christian Busch

Is your forte pre-construction condos? What about pre-construction SFH? How do they compare and differ from pre-const condos? Would like your take on it. Thanks.

Post: Question on Checkbook IRA

Kevin S.Posted
  • Posts 382
  • Votes 232
Quote from @Jack Malpass:

I don't know who that custodian is but if that is what they say, there are many SDIRA custodians who will allow you to invest in RE in a SDIRA in those states


 I can share that with you privately.  Does your company has any (state) exclusions?

Post: Question on Checkbook IRA

Kevin S.Posted
  • Posts 382
  • Votes 232
Quote from @Jeffrey Dixon:

There are a few states that we exclude. We have found that some state governments are more problematic to deal with. The IRA owned LLC bypasses that. You may find that using the IRA owned LLC is easier when making a real estate purchase, especially when paying bills for the property.


 Thank you Jeff.  And what is the trade off bypassing?  There has to be.