Del Brady
Can an introvert without a sales background succeed in REI?
14 January 2025 | 16 replies
I personally try to avoid extroverts because they are often incompetent and irritating.There's a difference between being an extrovert and being charismatic.
Arina Alexiuc
Small multi 2-4 units vs 5-20 units?
19 January 2025 | 2 replies
., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
It's not a personal sale between you and your son, but rather a sale from one LLC to another.
Michael Labudzki
I have 200,000- 250,000
22 January 2025 | 8 replies
I would start close to where you live personally.
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
@Leslie L Meneus, while the forums can be pretty good, in-person networking and sharing ideas is much more valuable.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
All it ends up being is one person saying "Is not!"
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
Gordon is the owner, I doubt whether he could completely hide behind his LLC to protect personal liability.
Xavier Dortch
Just Getting Started...Open To All Tips
15 January 2025 | 3 replies
I personally am not investing at the moment.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
The lower barrier to entry would be excellent for my personally smaller net worth.