In additional to all other benefits mentioned above, Solo 401k is a great tax-sheltering vehicle, allowing you to shelter huge amount of money from taxes.When you use financing to acquire real estate in a SD IRA, the portion of the income from the property will be subject to UDFI tax (type of the UBIT of about 35%)!

While I know low price is not a decision factor, if a couple of these homes present good deals, I am going to go forward with them because I have a cash buyer.Does anyone have experience in acquiring small/rural town properties, and, most importantly, successfully marketing these properties?

I am first looking to acquire a couple 'Buy and Hold' properties to bring in cash flow before jumping on 'Fix n' Flip'.

I got cited by code enforcement one day after acquiring and evicting the heirs of a house with a reputed "40 to 80 cats."

Acquiring property to rehab and then sell or flip is actually holding property for sale (i.e. inventory in your real estate business) and does not qualify for 1031 Exchange treatment.There are lots of opinions out there regarding holding periods.

I'll go full disclosure and say I typically only pay my normal PITI payment but I have on occasion plopped down and extra $20,000 on principal reduction in a year where I didn't acquire any other properties and have a lot of cash sitting on the sidelines.

Apparently acquiring a collection agency license requires first proving you have two years of collection experience -- or you must hire a collections manager.

I recently experienced the death of my grandmother. My grandfather is now selling their Lake House which he purchased for $235,000 in 2005. As of today, the same property is worth roughly $150,000.

He is ve...

I am learning to move and consume, walk and digest, run and retain.I still have some kinks to work out, one being my schedule (working midnights), two creating a marketing strategy in order to acquire leads, and three, making sure I ADD VALUE to those I may potentionally network with.

The only reason why I recommended the non-recourse loan, as you already mentioned, was to protect other properties that have been acquired via private money.