7 December 2024 | 2 replies
In reality, the neighbor can definitely get rough, but its fine to walk on the street there during the day and in some parts at night.
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8 December 2024 | 12 replies
Yet, through the magic of social media marketing, they imply it's so easy to do every time.It's like paying someone for advice on "winning lottery numbers" just because they once won a scratch-off prize.DM us if you'd like to discuss the reality of using S8:)
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9 December 2024 | 5 replies
The fact that it would be a second position is a great reality check.
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13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
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6 December 2024 | 2 replies
In a perfect world an assignment (like @Chris Seveney suggested) would be recorded with each transfer of the note but in reality that does not occur.
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3 December 2024 | 16 replies
When there is a vacancy, a leaking sink, a drip from the roof, a fallen branch from a tree, storm damage, a rough tenant, a potato down the toilet...whatever expense comes up in the future, and they always come up, that is what the cash flow is for.
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7 December 2024 | 7 replies
Areas that might be worth considering are Sinking Spring, Wyomissing, and the West Reading.
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8 December 2024 | 14 replies
The reality is many lower rate offers have a higher price or are $hit properties, but not all.If you are paying extra for owner financing make sure that the discount rate easily justifies the purchase price.
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13 December 2024 | 20 replies
Welcome to the realities of OOS investing!
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11 December 2024 | 68 replies
Sorry I was not able to give you a silver bullet for your problems, but this is the reality of the situation.