Welcome to the site and soak up the knowledge!

Hello, I kind of stumbled on this site and am amazed with the amount of knowledge of the members here.

Hello,I am new here and so very glad I stumbled on this site.

Hi all, I am new to the site looking to meet people and learn lots!

I am a Real Estate Consultant in Southern California....this site has been a great resource for me.

So glad that I came across this site.

though i am still in process of setting up LLC, i know from reading other sites and articles that there is no limits on number of properties. if it is done right the LLC is it's own entity, with IRA owning membership shares.the one restriction that is tricky, is leveraging. if not set up correctly you could have to pay taxes, because you can't have debt in the IRA is the way i understand it.we will be setting ours up in such a way as to avoid this problem. though i don't know the specifics yet, i have talked to a couple of consultants and they say IRA investing in a LLC is the way to go, if done correctly. and they say we can avoid many restrictions and that there are ways to do it.

I just recently launched my career as an investor January 2007 and started my company Paramount Principle, IncI am a web designer/ graphic designer by day and an investor by night trying to build a consistent system and get and maintain deals in the pipeline. ..Short sales. .. . note buying....thats pretty much the direction I seem to be heading in.. ..I love this site and I appreciate the wealth of knowledge available. . thanks!

I have been continuously reading the posts, however, I took the position to sit back and read BEFORE posting anything on the site.

I have never gotten a deal looking at internet sites.