Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
I assured them that I "had" to live there for at least a year but didn't know where life would take me after that as I only planned on living there for the minimum term and didn't want to lie, and then thankfully one of my connections on the board, changed the conversation.On a commercial development rezoning we had, we had to deal with racist commentary and questions about the type of person that apartments would bring to the area.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
And, I think you can rest assured that somewhere among your acquaintances is someone who has noticed what you've been doing and has been inspired to take action.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
Please be assured that this suspension is temporary.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
@Lisa Eisenhauer thank you for your detailed response Lisa.my hesitancy with titan is that they are a nigerian bank. and my hesitancy with solera is that the are pretty new small bank. given how small banks that have failed in the past, i feel more comfortable with going with someone like chase. here is list from fdic of recent failures: https://www.fdic.gov/resources/resolutions/bank-failures/fai...however, since i ran into problems with chase based on what i described in this post:https://www.biggerpockets.com/forums/51/topics/1150830-bank-...i wanted to know who i can go with. so i called solera, firstly the person who picked up transferred me to an IRA LLC bank specialist. when my call go transferred, the specialist was i guess working from home and had a crying baby i could hear. that was my first uncomfortable momemt. i don't accept that from a bank. maybe a small retail company or something.secondly, i asked her if you know how an ira llc bank account is set up and i want to make sure it's set up correctly so i have some questions i'd like to understand your process. she right away asked me who is my document provider. and i was like, what is a document provider. she asked who set up your llc and i told her i did that. she said well we usually work with document provider because it's not a typical llc and is set up differently.i assured that the my llc is not an issue, i do have that set up properly. it is manager managed. i am the manager. my ira is the 100% owner/member of it. then she assumed that my ira is with solera. and i told no, i have it at another custodian, all i want to do at solera is to set up a bank account. and what i want to know is when you open an account at your end, in the bank account who do you put as the owner of llc. she told me well it's a business account that llc owns. and you will be the manager on the account.and i told her, yes, i already know that and that's how it is currently set up at chase. the issue i am asking about is who will be listed as the owner of the llc at your end on the bank acct.. it should be "xyz custodian fbo shaz...IRA" and it should NOT be me. she goes. llc will be the bank owner.i think i had to repeat 3 times that i am not asking whether or not bank accout will be under llc. i am asking in filling out your paperwork for opening the bank account, does it anywhere ask who is the owner of the llc and if so, who will you put. she goes, oh we dont' mention that anywhere but if you did have your ira with us then we will have "solera bank ..custodian fbo shaz...IRA".
Andrew Liu
Buying Property From a Friend That's Cash Flowing Already?
2 December 2024 | 6 replies
At today’s rates, most properties at high LTV are negative even with 1% rent to value ratio This implies the 1% rule is far from assuring positive cash flow Good luck
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
I can assure anyone that is looking at these cheap properties that they are going to be in very rough, high crime areas and as an out of state investor, you are not going to have a good experience.
Marc Shin
STR Furniture - cheap vs expensive
2 December 2024 | 10 replies
The price I thought was fair for the quality and that assurance these ones were not breaking.
Marc Shin
Visiting my STR property for the first time ever... What should I be sure to do?
1 December 2024 | 15 replies
You need to assure them that you will not tolerate any of these things and will be on top of the property 24/7/365.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
But I can assure you that your not alone.
Fumi Maher
Seeking advice for aouse hacking strategy in Austin
29 November 2024 | 8 replies
If you go RBTR, here are a few key criteria I've seen to assure comfort of living and lower vacancy / turnover:- at least 400sqft per tenant and no more than 2 tenants to 1 full bath -excess parking where folks aren't blocking each other in and you're not getting complaints from your neighbors about overtaking the street parking.