
31 July 2018 | 2 replies
Is it normal to rent property to yourself and include it as part of the rent rolls when it comes time to sell?

31 July 2018 | 9 replies
A lot of that occurred after the recession or in very rough markets, or extremely rural markets.Now if you are talking a normal market, and an investor who is not already independently wealthy from some other business and has a ton of cash to spend, I imagine the podcast episode would sound like this:Host - Tell me how you got started.Guest - I saved up cash until I had enough for my first investment.

31 July 2018 | 4 replies
The first part acts a your security against damage, per normal.

31 July 2018 | 2 replies
@James Maness, If the properties held in your IRA produce enough income for you to live on - you could access your retirement funds prior to normal retirement age without penalties.

1 August 2018 | 13 replies
Yes it would normally be considered cash.

15 February 2022 | 87 replies
Under normal circumstances, I would own my primary residence; however, I live and work in Manhattan where the cost of real estate is prohibitive.If you would like any further information, please call me directly at XXX.XXX.XXXX.Thanks,Joe FairlessFortunately, it worked!

2 August 2018 | 5 replies
Let's also say together we purchase a multifamily @ $1,000,000 I understand the prohibited parties issue.1) If we (myself and the SDIRA) were going to put 20% down...does that have to be in equal amounts meaning 10% from me and 10% from SDIRA and everything is split 50 / 50 or can you still have normal deal partnership flexibility...so something like the SDIRA puts in the entire 20%, owns 50% of the property but gets a "preferred return", etc.2) Perhaps the bigger question is financing, I know there is SDIRA financing that is non recourse but that is typically for 50% LTC.

30 August 2018 | 16 replies
I only work 1-2 hours a day so am pretty open ;) Normally I'm in PB, downtown, or at some batting cage during the day.

3 December 2018 | 30 replies
You are looking at a extreamly high risk gamble regardless of your past experience.

22 August 2018 | 4 replies
After filling it with my purchased items a couple times it was pretty much a normal rehab.If it's a listing, you could try to find a cleanout company that will agree to be paid out of escrow, or there are lending programs that offer home renovation loans to fix up homes to be sold.Be careful working with wholesalers as an agent.