Victor Savinon
New To Bigger Pockets, and new to REI
22 June 2015 | 5 replies
I have a background in Electronics, i also know a little bit about Electrical Wiring and a Little bit about Carpentry and a Little Bit About Plumbing., I have experience in CCTV, Computer Repair, I would be willing to Barter if possible. i am not looking for a hand out lets make some money together.THANK YOU AND REGARDS,VICTOR R.
Alexander Price
NextDoor App
23 August 2016 | 7 replies
@Alexander Price I'm on NextDoor, and, it seem the whole development is on it. for us owner/occupants it like an electronic "Neighborhood Watch".
Salley Smith
Refinance taking too long?
24 October 2016 | 6 replies
The processes has always been slow, with their electronic disclosures not working well, and they frequently tell me they need another document, or that I need to resend more newer paystubs.
Lucas Leniek
Managing Properties across state lines
4 August 2019 | 2 replies
Then you can use an electronic tenant/landlord system to keep your costs low and possibly use the realtor who helps you buy it to interview/show the property after the sale.
Ken Scarbrough
Self directed 401k questions. PLEASE HELP!!
30 January 2018 | 3 replies
If you are not self-employed then an IRA can also be opened.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2017, the solo 401k contribution limit is $54,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Adam Dorn
Just wondering everybody's education/background?
12 September 2017 | 198 replies
I have a Bachelors in Electronics Engineering and a Realtors license (basic classes and licensing requirements).
Jonathan H.
HOA Issues with Airbnb: Fight it? Turn Corporate? Other items?
2 January 2020 | 12 replies
My skeet thrower is electronic.
Jonathan C.
1 flip to 3 flips to 8 flips to 17 flips and full time Investor
1 May 2014 | 19 replies
Here's my process:1- run MLS searches2- copy and paste MLS results in unformatted text format into a spreadsheet3- sort the results by subdivision4- run the comps for each one5- figure an ARV number for each one6- use my formula of 73% ARV less 55,000 repairs to automatically calculate the offer on each on *I will adjust repair number down to 48,000 for townhouses and up to 60-65k for larger properties or ones that need a lot of work7- put in offer instructions for each one-send to assistant-8- have my virtual assistant (found on odesk) access my spreadsheet through google drive (all my stuff is done through google drive)9- asst will use a program called 'pdfill' to populate the date, address, and offer price in my offer template (offer template is a completed offer with everything signed and filled out except for those couple of fields I just mentioned) *takes about 30-60 seconds to fill this out10- asst sends offer in to email address or website listed on the spreadsheet
Arsh Benipal
New Member from NY
20 January 2016 | 4 replies
It started with electronics on eBay and craigslist and slowly moved to flipping cars.
Gibrhann Roman
Real estate license a good start for a newbie?
30 June 2015 | 12 replies
There may be a fee for electronic keys if those are customary in your area.