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11 August 2018 | 0 replies
I just got a physical address for my LLC and registering for a D&B, I've heard should set up another LLC but where do I get the funds to do it if it's tied up in the first LLC, all answers welcome.
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15 August 2018 | 1 reply
So if I start with a duplex or a quad as my first property my goal would be to have a net cash flow of $500I intend to use the "BRRRR" (Buy, Rehab, Rent, Refinance, Repeat) method but have never used this strategy before so I still have a lot to learn If I only close on two deals starting in 2019 then I will need to find another 20 deals in the remaining four years (2020-2024) that also meet this criteriaBeyond 2024 I plan to continue to scale even more over the next 3-5 years with an end goal of financial independence by ~2030 (meaning that I will not work a "day job" but will passively manage my real estate portfolio)Biggest hurdle: I'm going to be living outside of the US for the next 3 years and will (likely) not be able to physically see any properties that I plan to purchase.
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12 August 2018 | 0 replies
Long story short I went through some very difficult times in my early 20s due to a divorce and multiple custody battles.
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17 August 2018 | 4 replies
Did the HVAC guy physically show you a leak with leak detector?
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21 August 2018 | 12 replies
Would you have to be concerned with any kind of laws (stalking/harassing) considering you've tried reaching out to him through various channels and are now sending someone to physically approach them (assuming there aren't a PI?
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13 September 2018 | 25 replies
Another reason I'll be doing it that way is because of my physical condition and my brother has offered his help.
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27 August 2018 | 4 replies
I also work long 12-14 hour days for my job and its important to get yourself right physically and mentally before investing.
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3 September 2018 | 8 replies
The Solo 401k will likely be the better structure for you if you're eligible, which requires self-employment.A few 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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28 February 2019 | 12 replies
Did the agent state the reason in writing or was the reason verbal and all that is physical is the checked box on the termination?
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17 March 2019 | 9 replies
And again, this requirement is only with custodial self-directed IRA, you would not have to complete the form to pay the bill with Solo 401k plan.And like I said earlier, self-directed IRA or 401k is not for everyone.