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!"
William Nast
The big dream: Aspirations of a young man.
10 January 2025 | 6 replies
You'll never get the confidence to invest from another person or guru.
Adriana Siu
Selling High End pre-fabricated module at cost
13 January 2025 | 1 reply
The units are ready, but due a personal situation I only want one.
Anna Nickens
Advice for a Newbie
9 January 2025 | 4 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Xavier Dortch
Just Getting Started...Open To All Tips
15 January 2025 | 3 replies
I personally am not investing at the moment.
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.
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
I would be happy to discuss structure and feasibility as well as insight into my personal finances/personal stake into a deal with serious lenders/prospects.Even if you are reading this post and are not a lender but have valuable insight or experience with flips in Charlotte's market, please don't hesitate reaching out.
Joel Lazar
Tracking App for Material Hours
5 January 2025 | 2 replies
I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now).
Joe S.
What will you do different this year?
3 January 2025 | 1 reply
If a person wants a different outcome, they usually do something different.