Karen Margrave
GOALS FOR THE NEW YEAR?
31 December 2013 | 89 replies
My goals for this year include:1- buy 12 mobile homes and either flip them or keep them as rentals or rent to owns. 2- complete my real estate license by January 31, 20143- sell 6 homes as an agent and help 6 buyers buy a home4- read 5 books (I'm not a reader so that's hard for me)5- less time on electronics and more focused time with my wife and boys 6- network more (one reason why I just joined BP) 7- My 2014 moto: "Live life to the fullest and at the end of each day know I gave it 110% with no regrets" I know if I do this I will be successful.
Alan Gordon
Marketing for motivated sellers.
30 June 2016 | 15 replies
Now, with electronic billboards, you can buy the number of billboard impressions that fits your budget.
Eve Mahoney
erentpayment: Anyone use this? Or a similar service?
21 October 2017 | 6 replies
I'm looking for a way to collect rent electronically for one unit.
Megan Hirlehey
Using TSP to Fund an Investment Property
2 December 2016 | 8 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both 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 2016, the solo 401k contribution limit is $53,000, 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.)
Brandon E
What are you other than a real estate investor?
27 July 2011 | 105 replies
During completion of my Associates in electronic engineering I took a job at the local power plant.
Scott J.
Cat poop behind rental
23 August 2011 | 7 replies
Here's the good device. http://www.amazon.com/Contech-Electronics-CRO101-Scarecrow-Motion-Activated/dp/B000071NUS/You can also try natural oils, or they sell premixed sprays. http://naturalhealthezine.com/how-to-make-your-own-natural-cat-repellent/
Gary Parker
Rehabbing My Marketing
23 September 2011 | 20 replies
PACER = Public Access To Court Electronic RecordsI am hoping you can still give me advice if I have to pull the data manually.
Mike Nelson
Where to go for a mailing list????
2 June 2014 | 17 replies
Based on your comments, I did a quick search of my county's appraisal district and found in their FAQ's:Q: Can I get appraisal roll information as electronic data?
Landon Crigler
What system do you use to collect rents on line and pay owners ?
2 June 2017 | 10 replies
So for $58 / 36 Roommates, that boils down to $1.61 per payments.The Interface is basic but good.I would really urge Landlords to use some form of electronic payments.My preference is to use a program like Rentalutions in order to put the onus on the Tenant to pay their rent.
Marco Petit
How to get a contract signed
22 January 2016 | 4 replies
Then sign it and deliver it to the title company with a check.I do not like electronic signatures unless the other person suggests them.