Generation Y’ers are using non-bank services and payment solutions like PayPal.com and Xoom.com versus using traditional bank accounts, and most expect to access their bank accounts via their mobile devices.

Remember you don't have to own a property to control it.

We are getting ready to purchase our first investment property, a single family house to rent, using a self-directed Solo 401 K.At first I was leaning toward having checkbook control, but the cost for a custodian-managed account is reasonable, and I am thinking it might be good to have a custodian take some responsibility for paperwork and banking.What are the disadvantages of using a custodian, other than the slightly higher annual cost?

Remember you don't have to own a property to control it.

Remember you don't have to own a property to control it.

I am not advocating buying D properties, but the certainty of cash flows that comes with B and C properties (if you have a good game plan) is much higher and more controllable than the certainty of appreciation.

Remember you don't have to own a property to control it.

You could also do a subject to; often you may not need to put any money down to control the deal.There are a lot of great post here on BP and highly recommend you understand all of these options further.

We had spoke with the controller, and was given a go, to go pump water out of a basement.

We rent the house out are self allowing us control and keeping cost downs If you do decide to keep the house I personally am a strong advocate to lock in a low interest rate.