All Forum Posts by: Todd Goedeke

@Dave Fosterwhen you say demand, quantify that in terms of how much of a price drop is there in ADR from demand in March vs July?

@Andrew Steffens what draws vacationers to Tampa when it’s 90 degrees June-Sept.?

Is Sarasota an area that has higher occupancy for STVRs than Tampa? Or do you consider Sarasota part of Tampa area?

@Daniel M. check into transferring existing IRAs into a self directed IRA or Solo 401k( self employed) to invest along with the 401k loan monies. For example: you personally could have a 50% interest in a property and your ITA could own the other 50%.

@Mike McGee what are your ConC requirements for a totally passive STVR investment?

You mentioned 1031 exchange. Realize you may be better off using cost segregation to achieve greater tax benefits immediately for purchases of STVRs.

@Sachin S.contact a CPA with experience with material participation for cost segregation. Get advice from qualified tax professionals.

Having said that, talking with an architect about a build is no different than what anyone would do building a home. How does material participation occur unless you are on-site managing / co managing the build? With a pre manufactured home how did you participate in its build?

Assuming you get the home ready to rent before the end of this year will you be participating in its management?

@Dan H.perhaps you don t understand what cash on cash means. It’s not total return, it’s cash.

Understand that just because you have not heard of NNN being used with STVRs does not mean it has not been in use. There are STVRs in other parts of the country outside of SanDiego. Thankfully, the rest of the US does not function like CA real estate.

@David Luria ROBS stands for Rollover as Business Startup. It allows people to buy a business with funds from an existing 401k or Solo 401k in a tax free manner within the plan.

The money has to be transferred from an IRA to a 401k or Solo 401k that allows ROBS transactions. You need to be self employed to be able to set up either type of plan.

Unless you are buying a real estate company( no reason to if buying a single property) ROBS can t be used.

You don t need ROBS to buy RE in a Solo401k. Simply put, just buy the RE in the name of the Solo 401k.

I am not a tax atty. or giving tax advice. Visit tax atty. and company founder Adam Bergman of IRA Financial Group for info on ROBS and Solo401ks. He has a You Tube channel with many informative videos detailing self directed IRAs and Solo 401ks. There is no question regarding those topics he can t answer.

@ Daniel m

@Daniel M.it's easy to qualify for a Solo401k .if you have large amounts of IRA or old 401ks to transfer to aSolo401k it would make sense to open a Solo401k vs an IRA for RE investing.

Start self employment as an Uber driver on a very limited basis. That qualifies for opening a Solo401k.

@Katie P. check out IRA Financial Group. They have great customer service for Solo401k. They have a great educational You Tube channel posting weekly.

@Dan H.My investors have us build them properties for their passive high cash flow of 17%+ cash on cash return. They don t depend on appreciation of a STVR for an investment return. They are business owners,and  high 6 and 7 figure income investors not wanting to depend on erratic property fluctuation for the investment to make sense. They prefer a consistent return based on a 20-30 year triple net lease with income jumps every 5 years.

Yes, for investors who want RE speculation with little to no current tax sheltered cash flow your model would be preferred.

On the other hand , a safer passive investment approach emphasizing cash flow and cost segregation tax saving benefits that don t fluctuate, makes investors happy by getting a 100% ROI after 3 years.