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8 May 2020 | 0 replies
The value I add to the deal is my expertise and experience in structuring the loan based on client's individual qualifications such as credit score, income, assets, experience and character.
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12 May 2020 | 7 replies
If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.
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31 May 2020 | 39 replies
I also have a rental in a neighborhood named after all the Ferris Bueller characters.
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18 May 2020 | 7 replies
There's a controlled, pre-existing relationship (likely of a sexual character - but I don't know you and I'm not assuming) between the agent selling the property and the inspector who assesses its quality.
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9 May 2020 | 6 replies
I can help and I am willing to extend a hand up because of the work ethic and quality of their character.
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20 January 2020 | 23 replies
I attribute that to just diving in and going for it.
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10 January 2020 | 16 replies
Some lenders will offer lower interest rates above a certain dollar amount, and then some shady character brokers will charge a fee for putting your application in below a certain dollar amount also.
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11 March 2021 | 6 replies
They invite professionals - officials (attorney general), to speak on topics relevant to the business.There are seasoned, experienced landlords that gladly give free advice and pointers.They have full time lobbyists to fight against the pervasive ‘tenants rights’ groups we continually have to battle.I attribute much of my success as a landlord to my involvement with a great association.
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9 January 2020 | 1 reply
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.
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11 January 2020 | 5 replies
If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.