
28 June 2024 | 17 replies
No new year resolution this time, but I will have a todo list instead. 2023 was not how I wanted it to be, now that my back is kind of back against the wall (money running low) I hope I can finally get myself into the action mode this year.Thank you for tuning into my blog!

26 June 2024 | 11 replies
(Also, the self-directed inherited IRA could hold the real estate it purchases in an LLC.)True, you can't get the special benefits available to a surviving spouse who inherits their spouse's IRA -- e.g., treating the IRA as their own, doing a "spousal rollover" to a new account, and not being required to take minimum distributions until their required beginning date.

25 June 2024 | 17 replies
Their business model is designed to scam homeowners for months on end and since it's an LLC the owner is legally protected.They will ask you to waive the first months rent and security deposit, once in the house they will refuse to pay, give you fake numbers or tell you to call someone else.

25 June 2024 | 125 replies
The numbers" from a cashflow standpoint will mean different things for different people.Personally, I won't get out of bed unless I can earn a 15% net cashflow ROI yearly on any deal.Any appreciation I consider just the cherry on top.Granted, I wouldn't complain if I had some major appreciation on any rental since the time I started investing in 2011.Also, you can't really live/survive off the appreciation unless you tap into a HELOC.You can however always live/survive of the cashflow.Just my opinion.Thanks

24 June 2024 | 11 replies
Yet, I barely survive thanks only to the pandemic era low interest rates and tax abatement.

21 June 2024 | 0 replies
Gratitude: The book opens with Sam Zell discussing the challenges and risks his parents took to survive the holocaust.

21 June 2024 | 1 reply
You can also put them on the do not call with ready mode.

21 June 2024 | 33 replies
You had mentioned that you spent 6 months researching before November 2016 with some of that time creating an excel model. I

21 June 2024 | 5 replies
They fell behind and the 1st lien LENDER filed for NOD and NTS - Notice of Trustee sale and it went to the TRUSTEE SALE X-XX-2023 where the property was SOLD to a Third Party BIDDER for $375,000I assume under this SCENARIO - the 3rd PARTY bidder who purchased the property at the Trustee Sale Auction 8-23-2023 was buying the property involving the action being BROUGHT to the TRUSTEE SALE AUCTION by the 1st lien DOT lender and that the SUBORDINATE $101,500 2nd lien Held by HUD may have received any (some) OVER BID funds but utilmately was WIPED OUT at the Trustee sale Auction...Thus their 2nd lien Goes away...Do not believe that the SUBORDINATE DOT lien to HUD survives the Trustee Sale unless they BID to protect their juinor lien interest.

20 June 2024 | 0 replies
Are you or your clients in expansion mode?