Bob Asad
Anyone Have Success with Seller Finance & Terms?
8 January 2025 | 2 replies
If you do decide to do mailer(s), then I would advise you to personalize the card and do a handwritten note.
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
@Reyna AyalaI personally feel this is overkill.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.
Joe S.
Do aerial pictures seem to make a difference?
9 January 2025 | 1 reply
I’m not convinced it makes a real difference unless a person has a unique setting.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
You’re going to be personally sued no matter the cause of the loss.
Clay White
Storage Unit Overhead Doors
7 January 2025 | 2 replies
If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Mark Beekman
Where can my LLC get a HELOC?
9 January 2025 | 15 replies
You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
The key is to identify personal property from real property.