There are SEC regulations that need to be followed when raising private money.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Ultimately he came down to $525k, whereupon I told seller that I wanted to think about it before offering $500k at which point the deal was dead.My questions are as follows:1) I was very conscious of the price point.

The answer I got was they have internal protocols they follow, and when it's time for them to sell at auction, they sell it at auction, not before.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

For SEP and qualified plans, net earnings from self­employment is your gross income from your trade or business (provided your personal services are a material income­ producing factor) minus allowable business deductions To learn more about self-employment income rules, see the following. https://www.irs.gov/businesses/small-businesses-self-employed/self-employed-individuals-tax-center

I go through all of the questions & quickly toss the responses to each of them in one mass email for all to see as to avoid a continuous never ending wave of follow up responses.

When looking for a custodian I think the following 3 things are important when choosing a custodian for your IRA.

The discontinued BT3000 I have, bought 20 years ago, has a cult following.