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13 May 2024 | 79 replies
How are people responding to (Largest Deterrent Here).As I was saying, I have an investor who is going to be making a written offer so I wanted to give you a heads up.
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10 May 2024 | 22 replies
For example, if the market rent on the duplex unit you'd like to occupy is $500/mo, you can go rent another similar unit for $500 (-$500/mo on your personal bank account) and rent out the units owned by your Solo 401k (+$500/mo for your Solo 401k).As you can see, -$500 and +$500 equal the same net effect in the short term, but long term, you'll accumulate wealth more rapidly because when you go to reinvest the cashflow from the 401k-owned unit you were going to occupy (but rented out instead), the tax benefits of full reinvestment will add up faster.How do I pay the returns back to the 401(k)?
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10 May 2024 | 7 replies
@Jonathan GreeneNailed it on the head here .
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10 May 2024 | 13 replies
Account Closed Costs will play a role and I think the next couple months in an election year will give an idea where those will head.
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10 May 2024 | 28 replies
A lot of people don’t realize this, but in addition to real estate agents selling stuff, they are also being sold, every brokerage, every title company, even lenders, have courses on literally scripts, how to build out your social media, how to find fsbo listings etc, truth is none of these are effective, pretty much the only way to be a successful agent is either ton of ad spend or the hard work of meeting people in person through events meetups etc, but brokerages make money by head count, even title and lenders are happy if you close a few deals a year with them, so they sell this stuff to agents who than use those scripts on you, it’s a whole prymond scheme lol
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9 May 2024 | 2 replies
The financing options I have seen that make the most sense are Construction to Permanent Loans, but researching all of the different loan options has my head spinning.
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8 May 2024 | 10 replies
With lots of room these areas are growing rapidly with lots of appreciation.
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8 May 2024 | 7 replies
I love where your head is at about giving back to your parents & others.....good things are bound to come your way if you put your head down and dive into real estate head first.
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9 May 2024 | 2 replies
You won't understand something and need it beaten into your head ten times.
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8 May 2024 | 14 replies
Congrats on diving head first into STRs.