Wayne Littrell
Joining an existing S Corp
7 February 2017 | 5 replies
Creation of a shareholder agreement that outlines how income is to be distributed?
Bruce Dalis
Investor Carrot
30 December 2020 | 31 replies
I know with my traditional business website, that SEO takes a good amount of time, and content creation is the long game for SEO and free website traffic.
Jeff Caravalho
SD IRA (or solo401K) question
25 March 2016 | 21 replies
This new alternative setup would be quite simple: Oakbrook PM LLC adopts QRP (Solo 401k)As part of the plan creation we would create a trust with the purpose of holding plan's assets You become the trustee of the trust (which give you power and control over all assets and investments)Trust will have it's own EIN (single number)Both you and your wife will have separate accounts as plan participants under the same trust (there is no additional cost for another plan participant)Also, each of you can have separate Roth accounts under the same plan, if you chose to make post tax contributions or do the conversion (there is no additional cost for Roth sub-accounts, that comes with every single plan)By doing truly self-directed Solo 401k plan you would have significantly reduced your cost, simplified the structure and gained more flexibility!
John Thedford
How Difficult (And Smart) To Start A HML Fund--Am I Nuts?
6 September 2016 | 35 replies
@John ThedfordYou can either become a hard money lender yourself, which requires starting a company, website creation, legal assistance, program creation all to find yourself marketing a product that you have possibly little experience in, and potentially losing money for awhile . . .
James Cannon
Housing Crash in 2018-2019
27 March 2018 | 67 replies
Now, the notion of sitting on the sidelines bitting one's fingers in expectation of this "proverbial crash" is detrimental to wealth creation.
Anthony Fontana
Does Renting through a property manager mitigate risk?
25 July 2018 | 5 replies
I am struggling with deciding whether or not to start an LLC and try to transfer the title (in an effort to protect my net worth and assets outside or RE) or go about this process a different way.There does not seem to be any clear and concise information out there about LLC creation/transferring titles, most advice seems to direct investors toward speaking with a Lawyer.I would love to hear how the community has tackled this challenge, protected their assets, and continued investing in real estate.Thank you in advance.
Yolanda W Cuevas
Should you always choose cashflow?
15 April 2021 | 27 replies
If you can get a 4 unit and a basement, that would be ideal and create solid cash flow and insane equity creation in coming years.
Julie Marquez
How Do I Let It Go (to a Property Manager)
4 November 2019 | 17 replies
Since you have reached a point where you've scaled up your family's REI portfolio a bit, it could make a lot of sense to go the PM route; or, you could continue to manage it yourself with a bit more guidance by using a proven platform to help you with the different steps of the process (ie. listing, tenant screening, digital lease creation, rent collection, maintenance tracking, etc).
Brandon Nelson
Seeking "How to" of Self Directed IRA creation / investing from
14 December 2019 | 3 replies
I just read Tax Strategies for the Savvy Real Estate Investor -- thank you Amanda Han and Matthew Macfarland! Could you guide me to a good resource for becoming more-than-just-basically-knowledgeable on that subject o...
Max T.
Offering on a bank owned property from the MLS
20 November 2015 | 11 replies
All new fixtures. 5000 Replace improper basement ductwork 3225 A/C coil and condenser 3200 Stairway into basement - bring up to code 2250 Washer/Gas Dryer (stacked) 1800 Paint throughout 1500 Transfer taxes 1200 New carpet - stairs and both bedrooms 1000 Gas water heater 800 new fridge 800 Exterior paint 800 Demo/creation of fridge location 725 Replace wood rot along roof line and cap with metal 700 Roof coating 700 new gas stove 600 Trim repair, doors for both closets, door for 2nd bedroom 500 Window blinds throughout 300 Minor siding repair - rear 200 New screens 150 Total costs 34200 Offer ALL CASH 21799