Hi, thank you for your podcasts and the information you provide, it has really inspired me.

Partnering with Rodney Lomax, who provided valuable local insights, ensured a smooth process, making this deal a strategic choice for Partner Driven.

If you have enough funds in an IRA the alternative would be to establish a self-directed IRA, and have the IRA buy the property subject to existing financing (if your sister is willing to do that), you personally can't assume the mortgage b/c you are not allowed to provide a personal guarantee for IRA-owned property and have the IRA pay your sister for the equity.

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).

They provide great insight every episode

This fee was not part of our conversation/discussion or the estimates that was provided to me while we are going through the closing process.

The protections are there because beat cops are not qualified to determine who is a tenant and who is a criminal.Just as LL should not provide keys without rent, security deposit, credit check, etc, tenant should not pay a dime without a lease agreement that gives them certain rights.  

I can easily afford the NOLA mortgage while living there but was hoping to rent out the property after the project is completed. 

Thank you for taking the time to provide this insight.

The LLC hires a Nevada management company to collect rents and provide maintenance.