Caroline Gerardo
Declining Home Prices In These Cities
15 January 2024 | 64 replies
If we get a business friendly administration in next year, I see businesses having more confidence again as well.
Joshua Meyers
Need FHA Loan. Where to begin?
24 December 2015 | 15 replies
The Federal Housing Administration (FHA) offers special loans to help both low- and moderate-income families purchase housing.
Christy Weber
Real Estate Agent From Alaska
1 March 2016 | 3 replies
I have attended Kenai Peninsula College with a major in Applied Science, Colorado Technical University with a major in Business Administration, and Joan Shepard Real Estate School.
Scott Trench
Should We Make Our Kids Take Finance/Business Classes?
5 May 2015 | 68 replies
There would be a lot of politics about it among teachers, school administrators, and of course, politicians.
Jonathan Cope
AirBNB: An interesting house hack model?
9 November 2014 | 34 replies
So it will be interesting to see how the administration and voters end up expressing their views over time.Good luck to you as your business expands.Thank you for sharing your thoughts,Jonathan
Dale Cooper
Borrowing against unleveraged rental properties
7 March 2014 | 5 replies
The property manager is great at operations in that expenses are always low and revenue is always high, but he's not good at keeping records or any administrative work.The LP members want to take out as much debt as possible on the properties while interest rates remain low, preferably in a 30 year fixed.
Wences Lopez
100% Passive income
25 August 2022 | 23 replies
My opinion is this (formed from personal experience investing in just about every way possible - house flips, wholesaling, short term rentals, long term rentals, new construction, NN commercial, NNN commercial)The most passive way to invest in real estate is buying a NNN property and outsourcing the administrative work (invoicing the tenant, paying the tax bill, etc).
Tony L Holland
SIRA, E-QRP, Investing in Real Estate/Vacation Beach House
19 January 2024 | 7 replies
Here are some factors to help you make an informed decision:SDIRA vs. e-QRP:SDIRA (Self-Directed Individual Retirement Account):Allows for a broader range of investment options, including real estate.Provides more control over investment decisions.Requires custodial services, and there may be fees associated with the SDIRA provider.Strict rules and regulations to ensure compliance with IRS guidelines.e-QRP (Enhanced Qualified Retirement Plan):Similar to a 401(k) but with enhanced features for greater flexibility.Generally, more streamlined than SDIRA with fewer administrative requirements.Allows for real estate investments, business investments, and more.May offer more control and fewer restrictions compared to SDIRA.Financing Considerations:Both SDIRA and e-QRP can be used for financing, but the terms and conditions may differ.Check with your chosen custodian or plan administrator to understand the borrowing rules and any potential penalties.Tax Implications:Understand the tax implications of using retirement funds for real estate investments.Consult with a tax professional to ensure compliance and to minimize any adverse tax consequences.Market Conditions:Consider the current real estate market conditions in the location where you plan to buy the beach house.Evaluate potential risks and rewards, especially in the context of your investment horizon.Long-Term Strategy:Since you're planning to work for another five years and potentially sell the house later, ensure that your investment aligns with your long-term financial goals.Interest Rates and Economic Conditions:Monitor interest rates and economic conditions, as they can impact the timing and profitability of your real estate investment.Professional Advice:Consult with financial advisors, tax professionals, and legal experts to get personalized advice based on your specific financial situation and goals.Due Diligence:Perform thorough due diligence on the property, renovation costs, potential rental income, and local market trends.Remember that real estate investments, especially with retirement funds, require careful planning and adherence to regulations.
Bharath Raj
Converting medical office building into small offices
23 August 2017 | 11 replies
San Jac, for example has a SBA center in Pearland, and the administrative office that handles grants and awards is a few miles from the campus.
David Roberts
Forming LLC to govern the rest of LLCs
26 February 2015 | 44 replies
You could set up these multiple LLCs, but you should analyze the cost and administrative burden.