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28 June 2019 | 0 replies
Rather than being a solo dealmaker, I want to build upon my meaningful relationships in the area by getting to know motivated wholesalers, investors, community banks, and other professionals who enjoy exchanging ideas and knowledge.Does anyone have any advice on meetups for local investors, good wholesalers, small local banks with less rigid financing, or ways to find other cool people that love what they do?
5 July 2019 | 19 replies
Even if the company breaks even on a sale, the transaction fees are a meaningful business.""
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1 July 2019 | 13 replies
The impact of UDFI in an IRA is typically nominal, so while a 401(k) is better through avoiding that tax, it is not generally a huge differential that would encourage one only eligible for an IRA to run away from a leveraged transaction.When you read on the internet that a Solo 401(k) is exempt from UBIT, that is a broad statement that mis-characterizes the real difference.
19 July 2019 | 39 replies
You wouldn't do it to your own children for that reason, I certainly wouldn't do it to mine if I had kids.For all you know, this eviction may be the most meaningful push to change for your tenants and for their children that you could help bring about.
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29 June 2019 | 7 replies
I really think with your guys encouragement I am seriously considering shifting my direction to pigeon forge area.
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10 March 2022 | 4 replies
I appreciate the insight and encouragement!
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2 July 2019 | 8 replies
I am a due paying member and I encourage everyone to support similar in their state.
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2 July 2019 | 6 replies
You need a STRONG message that is meaningful to your prospective sellers- delivered consistently, through multiple marketing vehicles, frequently and consistently.
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8 July 2019 | 29 replies
The one thing I can’t seem to gather from all of your writings is the level of transparency that you encourage your clients to have with their lenders.Are your clients purposely trying to obscure this maneuver from their lenders by first placing the property into a land trust before assigning the LLC as the beneficiary of the Land Trust?
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1 July 2019 | 10 replies
@Jay Hinrichs you are one of the many who encouraged me to get licensed.