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3 February 2025 | 27 replies
Here’s my perspective based on personal experience.For some context, I’ve been investing in real estate since 2019, primarily in Detroit, while living in California.
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17 January 2025 | 3 replies
The title company will handle clearing the title but won’t manage personal agreements.
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27 January 2025 | 12 replies
He doesn't personally provide the coaching but it's done by his partners (Thomas Lorini in my case).
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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.
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16 January 2025 | 7 replies
They are the best thing to add to your own personal knowledge, books, and podcasts out there.
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10 February 2025 | 16 replies
I'm thinking now though that it may be more appropriate to attempt that a little further on down the road once my own personal risk tolerance could accept it.
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28 December 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,000
Cash invested: $20,000
In 2013, I decided to put much of what I had learned from books into action by purcha...
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17 January 2025 | 2 replies
I have personally wanted to build my home on this land for 10 years, as I've always been interested in this.Issue is, I've never done any work with residential development, only smaller land development, about 13 acres, and commercial, all on my own.With the residential development, I'm trying to get a sense of anyone in the space currently and what some ballpark costs might be for infrastructure and how that all works.
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28 January 2025 | 14 replies
Personally I think there are good loans out there but people look for the "perfect" loan that fits their buy box and meets a desired return - which the return is going to be based on risk.So for many you cannot have your cake and eat it too. thoughts?
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29 December 2024 | 8 replies
Both bathrooms need a complete remodel as well as the kitchen, the ceiling in 2 of the bed rooms are bowed (previous roof leak that was fixed) so new ceiling drywall, appliances, flooring, and paint throughout.