Sam DiNicola
Advice needed on potential first fix & flip with seller financing
4 February 2025 | 10 replies
This could be a great opportunity but I'm not so eager that I would do it if the numbers don't make sense.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Austin Arseneau
Child Care Hack
21 January 2025 | 0 replies
Instead of their cash sitting in a savings account, they decided it would be a better investment to earn 3% on their money instead of .03% in the bank.
Mike Wilfong
I am New Here
7 January 2025 | 3 replies
I am looking to make a couple connections now during the moving process.
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Kyle Carter
New company in area
9 January 2025 | 4 replies
A lot of research and studies have come out around high paying jobs make large impacts.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
You can sell these things in an up market and make an absolute killing.
Mike Romano
Navigating the 90-Day Flip Rule – Need Advice!
5 February 2025 | 5 replies
I really don’t want to lose this buyer—what’s the best way to make this work?
Frankie Paterno
Scale rentals or Build
7 January 2025 | 4 replies
And that my friend, is why my 1.2M is legit sitting still lol Dont want to make the wrong decision!
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
Make it part of your business model and focus on scaling vs managing.