Even though the IRA pays this tax on income derived from the use of non-IRA funds, you can still achieve a higher cash-on-cash return for your IRA dollars as a use of leverage.A self directed IRA or 401k may also joint venture with another party, including the account owner in certain well structured arrangements.  

I would be inclined to say if you are already living there at the property it would be dumb to pay a property manager ( they aren’t cheap) but the flip side is it if your new to this it would give you a model to go by and free up a lot of stress and time for you to focus on other ventures .

If you plan to go to court, you want receipts which means no DIY.

By doing this you get to know who in your local market are the serious investors who actively do deals.Once you get your license and you know your market, and now you know who are the real estate players in your market, you can do JOINT VENTURE with credible real estate investors (landlords or flippers).

I havent ventured into 40215, but mostly its because we cant get the right margin to BRRR.

Hope everyone’s doing well today!!When first starting out, let’s say you get a property that needs updated but no major repairs and ya plan on living in the property....Would you suggest contracting out or doing the w...

Joint Ventures

Barbed / Razor Wire - Since the property already has chain link, you could easily add the barbed wire on top as a DIY project for cheap.

These details are available for DIY homeowners in Seattle and Portland may have something similar that you could work with.

This is my 1st venture.