Helen De la rosa
Which Self-directed IRA company do you use?
26 August 2024 | 37 replies
The check book control package look attractive, at $1095 after a July 4th $200 discount :-) https://www.broadfinancial.com/self-directed-ira-plans-custodian-checkbook-control/I will need to set up one with pretax 401K , then another with after tax Roth IRA, so, want to make sure to control the expenses/cash flow of start up costs.
Jenna Bamlet
Business partner separation
28 August 2024 | 17 replies
In the future, NEVER give up financial control for something that you are responsible for filing the taxes on.
Account Closed
Person taking advantage of a little old lady who barely lives on rental income
27 August 2024 | 5 replies
In addition, one of my mom's "friends" is in control of the trust.
Marquis Cobb
Sponsor for syndication
28 August 2024 | 32 replies
Securing a sponsor can be challenging, especially when they have concerns about your capabilities to manage the property and keep it profitable.So, let me share a suggestion that might make a potential sponsor more comfortable:Offer to have them oversee the asset and property management aspects, including the control over cash flow.
John Paulus
How much should a General Contractor fee be?
26 August 2024 | 4 replies
You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).
Ross Hayes
Pet Fees & Any different concerns for cats?
26 August 2024 | 10 replies
@Nathan Gesner Typically true, Only got one animal control call on a single family yapper.
Tiffany McKinney
SDIRA recommendations please
26 August 2024 | 3 replies
@Tiffany McKinney don't let them control your money.
Tony Sherman
Let's brainstorm about private lending
25 August 2024 | 8 replies
I didn't have control over the ARV figure (the market controls that) and I found that if I tried negotiating a lower rate/points with my private lender they would find other places to invest their money.
David Butler
Real Estate Rookie podcast episode 449 feedback
27 August 2024 | 6 replies
I have every empathy for folks who are hurting especially from instances that are from outside of their control, but filing bankruptcy to get out of debt that she chose to sign up for and promise to pay for the sole purpose of getting ahead faster (her story, not mine) seems less than ethical and Bigger Pockets promoting it is questionable.
Travis Oneill
What are all the Monthly Expenses for a House in Raleigh North Carolina ?
27 August 2024 | 10 replies
I would generally try to avoid insurance claims if you can because insurance is getting out of control nationwide, and we are seeing in FL, TX and CA that claims can follow the house and/or you and make it very difficult to sell the home in the future.Within the mortgage expense category you have 4 separate charges: principal, interest, property taxes, insurance (if you escrow taxes and insurance which 95% of our clients do).