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25 January 2025 | 7 replies
As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.
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14 January 2025 | 3 replies
Are you looking to acquire any other properties?
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26 January 2025 | 16 replies
Obviously some cash flow is better than none but is that amount worth the work to acquire, manage, etc. on the property?
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16 January 2025 | 13 replies
@Rene Hosman Generally, Reasons for Land Swaps are to: - Resolving zoning conflicts - Acquiring strategically important properties - Consolidating land holdings - Avoiding costly legal battles - Achieving public policy goalsWhen I was a Planning Commissioner projects would discuss land swaps for larger development projects to make sure the community impact was greater (typically gaining conservation land for us) than just allowing a rezone to be approved without public benefit.
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17 January 2025 | 11 replies
This is part of the cost to acquire.
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10 January 2025 | 3 replies
Are you still acquiring rental properties?
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19 January 2025 | 56 replies
Dave & Frank (also partnered with Ryan & Jamie Smith) have been acquiring and operating parks for a long time (I believe they go under MHC America).
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21 January 2025 | 14 replies
If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?
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7 February 2025 | 12 replies
With $150K, you’re in a strong position to acquire multiple properties, especially in affordable rental markets like Texas, Pennsylvania, Michigan, and Ohio.