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2 April 2009 | 9 replies
What I mean by "look at houses in your target area", is that you need to physically go out, go through and inspect a lot more houses in your area before buying one.
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29 August 2018 | 20 replies
Some clients save thousands of dollars a year with a Solo 401k compared to a self-directed IRA.Here are a few of the 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 can take participant loans from the plan.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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20 September 2018 | 5 replies
@Dennis Tierney, There would not be such requirement for custodial SDIRA.
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20 August 2018 | 3 replies
So while I am complaint with the instructions, I do not post physical notices.
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5 November 2019 | 18 replies
I own several physical therapy clinics (don't hold it against me Jace) and am looking to make my first deal by year's end.
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18 August 2018 | 3 replies
I would prefer virtual wholesaling in SC first but feel as if I'm held back from "hitting the ground running" in SC because I am physically not there as often, which forces me to search for a trustworthy and reliable team in the area.
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20 August 2018 | 8 replies
:)I am from scorching AZ and thought I would introduce myself.Below is my profile "about me".In 2018, the light bulb went off for me.Many of you know this feeling.I have committed my life to personal development and attaining financial freedom, using real estate as that vehicle.Currently, I am a physical therapy student.I am working on the skills of attaining money, keeping money, and using money.My 5 year plan is to save what I can as a broke student, eventually completing my savings as a graduate and new physical therapist.Over my next 5 years of saving, my goal is to read over 150 books and learn everything I can about real estate and business topics.I believe this knowledge and quest to build relationships with local investors will allow me to hit the ground running once my savings and career goals catch up.I lover BiggerPockets, and I am excited to be active in the community.I am a newbie, but I will not be a newbie that posts one time and disappears forever.Say Hi!
19 August 2018 | 5 replies
. – none of which is applicable when the LLC strictly engages in paper transactions without employees and a physical office.
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24 September 2018 | 114 replies
My current job as a physical therapist does not have any connection with real estate and currently, I am spending 12-14 hours per day at work.
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25 September 2018 | 24 replies
That way I can setup my guests with different codes and it only works while they are there.I also have a lock box outside with a physical key but we pretty much never have issues.