All Forum Posts by: Reinhard Kurzen

 Thanks, good reads!

Thank you everyone for your feedback. I appreciate the honesty. Please send me info on investments when you have them. This can be accredited investments (506 C) and I will continue to network with relationships I have for accredited/non accredited options -506 B.

@David Abbate thanks. I agree, just seeing what's out there. If I shoot for 10, that's what I will get so why not try for higher. I agree its higher risk but just checking.

Hello BP, 

I am looking into investing with syndication agencies that raise money to buy multi family, mobile home and self storage facilities. I am aware of nighthawk Equity, Think Multi Family and Wellings Capitol. Who else is out there? I am looking for 15-20% returns and a quick turn around. I have seen some funds go as long as 9-10 years and that is too long. I am thinking more along the lines of 2-5 years. Who do you recommend and if you had any experience you can share that would be great as well. Thanks. 

Dimitry Fomichenko that is great news. I am currently employed there. However, in a few years when I go full time real estate then I can roll it over to a self directed IRA!! Thanks for the info!!

Hello folks, I am in the same situation as Kay. Have a 401k and would like to transfer it to a self directed IRA if possible. It looks like this was a few years ago, has anything changed since then?

@Chris Cusiter, wow and 80%, very cool. Thanks!

@Chris Cusiter that is a great loan. Also very cool that you were able to go straight to the bank. I was wondering about that as my bank only charged .25% but the broker tacked on his 1%. How was your experience with going straight to the bank? Was it a small/local bank or a larger bank?

@Bjorn Ahlblad, 1908.

Hello BP,

I just purchased a 26 unit building in Spokane, WA. On the appraisal they listed 25 years remaining as the useful life of the property. Thus I was only able to amortize over 25 years instead of 30. Will this continue to go down as the years pass? If I want to refinance in 2 years will I only have 23 years useful life left? What does the useful life mean and how can I start it over? I plan on putting about 100-150k into renovations over the next year. Is it better to use Capital expenses or repairs of $2500 and under. Thanks!