Afterwards, ruthlessly scrutinize how well you did vs. your projections. 

That is probably why no one wants to tackle it. 

Best of luck on the next project!

Do you want a few very quick small projects, or willing to go a bit bigger and out it all into 1 deal?

You're probably looking at a pretty major project. 

Great opportunity to have more cash in hand and invest in bigger projects but is there a formula to follow?

My areas of experience include: Historic tax creditsHistoric renovationPermitting, building code, etc.Finance, funding projects, bank loansFundraising, structuring projectsProperty management and maintenance (using technology)Urban developmentFeel free to connect with me directly if I can help you!

Let others run the risk of a PT by managing their IRA's properties, rehab projects, or "checkbook" LLC's until we get clear guidance.But as to providing your IRA a benefit.....if that were a PT, then there would be no excess-contribution statute (IRC 4973) and no excess-contribution case law (such as Summa Holdings).   

I am currently living in Germany and pursuing my master´s degree in engineering.A couple of months ago I have decided to get into real estates and have been educating myself in this area.I have set a timeline for starting my first project, by the summer of 2019, in which I want to execute in the city of Würzburg in Germany.However I am lacking the connections and mentoring needed in this area and was wondering if anyone could give me an advice.Thank you!!

So I found this deal where the price was $110K obo & I contacted an agency that said that they would coach me, fund the entire project, and then split the profits.