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8 February 2025 | 12 replies
I wouldn't recommend Quit Claiming it during that time but otherwise that should be the only thing.
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29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
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21 February 2025 | 15 replies
Since you’re considering Midwest markets, I’d highly recommend adding Detroit to your list of cities to research.
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22 February 2025 | 5 replies
I would recommend pursuing some sort of rehab financing to fix the property up and maximize rent asap.
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22 February 2025 | 15 replies
I would recommend trying all of it out of you are new and then zeroing in on 3-4 that you really like and start to get good at in your market.
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3 February 2025 | 0 replies
City Hall want to keep small town small, does nothing to promote town Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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21 February 2025 | 4 replies
Again, this is just an example.I probably would not recommend you buy single family homes if you want to replace your income.
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5 February 2025 | 16 replies
My top recommendation is to begin by contacting property management companies in each target area.
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21 February 2025 | 12 replies
Even if they offer a 721 on any property, I would recommend looking elsewhere.
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6 February 2025 | 29 replies
I recommend getting a few quotes and choosing one that is right for your financing strategy. if you are trying to get fix and flip money there is a wide disparity in rates and charges.