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13 March 2020 | 7 replies
I had never noticed Trolls here before.Better rethink my participation.
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13 October 2018 | 8 replies
I would trust Zillow and ilk as far as I can throw them.Imho the best source is mls, and verify data with tax assessor data or participants in the sale.
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14 October 2018 | 11 replies
Seems to me in general people are working and have a family, sleeping, eating, cleaning, maintaining a pet and a car is all a major % of their time, they don't or can't or won't spend the time needed to be expert/comfortable enough to participate in and be good at stock investing for example.
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29 October 2018 | 6 replies
Roth IRAs cannot be transferred to Solo 401k plans.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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29 October 2018 | 19 replies
If you're self-employed, the Solo 401k will provide many benefits over a self-directed IRA: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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15 October 2018 | 2 replies
Patrick - The Blackstone group is a well oiled machine that participates in many different facits of real estate ranging from apartments to hotels and even mobile home parks.
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1 November 2018 | 13 replies
My profound thanks to everyone that participated in the forum!
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24 October 2018 | 1 reply
Starring Michael Cudlitz from The Walking Dead, Southland, Band of Brothers, and much more.We are so proud of my little guy and his success thus far will turn into future real estate success stories as Daddy will help him invest his earnings into real estate!
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17 October 2018 | 2 replies
You need to make sure that they are an active participant in your program.As examples:if you say you are looking to find off market properties, that would mean that the agent would need to call around neighborhoods looking for potential sellers and follow up vacant home leads.
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3 November 2018 | 35 replies
There are usually a lot of attorneys and title companies involved in wholesaling....I don't think all those professionals would risk their credentials if what they were participating in was illegal.Like everyone said, look up your local laws as they are different in all 50 states but as long as you are following the language in the contract the seller has signed you should be fine.If it says don't market, don't market, if it says no assignment, don't assign...if that's the case, get a new contract.