All Forum Posts by: Simon C.

@Jazmin Galvez

Hi jazmin. I just saw your post here. As such, I apologize for not responding earlier. Yes I love to connect to talk about real estate investing. I see that you’re in Ontario California. I actually have two single family residence in that area. I can give you some of my inputs.

How does the 5% cap calculated? 

@Chris Grenzig Thank!

@Michael Le Thanks. In this case and within the scope of real estate, the SD-IRA is only good for investment as a passive investor with other syndicators with no direct family relationships?

@David WilsonHave you consider investing passively? work is done upfront vetting the deal and sponsor. that's how I got started and I can understand and relate where you are coming from. It all depends on how much you want to get involved, what returns you are looking at, and asset class you want. Another way to start is investing in SFR and have a PM manage it for you.

@Tania Reuben I'm from SoCal - Orange County and it is very hard to hit the returns that I'm looking for and as such I started investing out of state almost 4 years ago. I think the first thing is to determine what rate of return you are looking for? Our market does appreciate fast which can build equity fast for SFR, however, cash flow is very minimal. Also, I'll focus on cash flow first and any appreciation is really the cherry on top. I do have 2 SFR in Ontario that I purchased during the last downturn ~2008. I think that's the only way numbers made sense but it is hard now since a 1970 1500sqft SFR is easily around $420K+ in Ontario and rents are probably hoovering $2K/mo

@Joshua Davies @Account Closed awesome! looking forward to it!

are you going to sell the property or refi and rent it out?