In a trust, you must name a beneficiary - the person(s) who receive the trusts' assets after the trustor's death.

Should I asume a 25% down payment, or other options to not sink so much capital into this one asset (besides a partner)?

Should I asume a 25% down payment, or other options to not sink so much capital into this one asset (besides a partner)?

No post-BK seller who surrendered the asset can do a SS.

The new every two plan from the Government is a great way for real estate investors to get started and build assets.

It sounds like I have 2 options:1- I can put in a new 2 inch digital meter,which can download data on amount of usage, exact time of day, and constant stream of usage to automatically detect leaks (cost of a few hundred dollars)2- I can install individual meters for ever unit.

So that leaves solo K or checkbook LLC IRA.I think I have a handle on the checkbook LLC IRA, and the sizable but one-time up front fees to get it set up (perhaps $1,200 I've seen), with minimal ongoing custodial fees since the custodian only holds one asset, namely the LLC.As for the solo K, I understand that it requires a current active business (Sch C or corp) to create the plan (ie. being a full time investor holding Sch.

If you've got the opportunity to obtain an asset that you can take with you for the rest of your life - you should do it.I always get a little bothered when I hear people downgrade the benefits of a college degree.

It has assets including 3 pieces of real estate.2.

These are emotional retail deals and typically are a liability rather than an asset.