I respect my father, but he is Poor Dad in the story.

I say it with pure humor and respect for math way over my head.

By in Gatlinburg/Pigeon Forge where he has his cabins and I have mine, it's a perfectly acceptable and respected system.

People are just generally not respectful.

What I'm really curious about now though, is whether or not moving the properties into an LLC in this fashion would reduce my personal number of financed properties when applying for additional loans, mostly with respect to the fannie mae reserve requirements."

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Extremely respectful.

The point is, both of those numbers are respectable (18k or 19k) and that 20k in extra purchase price barely affected my return.So yes, you can pay retail and still make money.

I respect the savvy of the ones who incepted this business model.

@Ken NeusaengerYour strategy has several issues with respect to IRS guidelines.In exchange for tax-sheltered status in an IRA, the IRS rules prohibit any direct or indirect benefit, in either direction, between you and the IRA.Simply from the starting point of you buying a parcel personally and having the IRA buy the rest, you have introduced risk.Any services associated with the property must be performed by an unrelated 3rd party.