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1 March 2018 | 0 replies
I'm assuming that the land will hold no value since it's already captured in the main house on the property.
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1 March 2018 | 2 replies
I mainly plan to use my license to give my family and I more speedy and detailed access to available properties and cut our costs on rehab & flip houses.
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25 October 2019 | 8 replies
Shortly after purchasing our second investment property I opened up a construction business and ran a successful business for five years.our main focus was high-end kitchen and bath remodels.
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7 March 2018 | 6 replies
There are 2 main reasons for this:It allows the investor to cash flow more profits to use on things right now. - so if they wanted to reinvest the profits into another property or use that money for another purpose.
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3 April 2018 | 23 replies
Will there be a meetup site or is BP the main reminder?
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18 July 2018 | 10 replies
Are there neighboring towns that might make a better choice?
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6 March 2018 | 9 replies
Bryan,Here are the 3 main options to consider:1) Custodial self-directed IRA, lower upfront cost but watch out for transaction and asset based fees, have to go through custodian for every transaction, might be inconvenient for certain investments. 2) Checkbook IRA (aka Checkbook IRA), eliminate transaction fees, higher upfront cost because of special purpose LLC, but long term will provide savings and most importantly a convenience of having checkbook control over your retirement assets. 3) Truly self-directed Solo 401k, requires self-employment activity or small business, the best option if you qualify.
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6 March 2018 | 2 replies
Obviously one that has experience working with RE investors but also someone who can work with my small business (my main job - non RE related) as well as out of state businesses!
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7 March 2018 | 5 replies
You then have a couple of choices when it comes time to close.1.
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3 July 2018 | 8 replies
If it's a small multi-family flip that you only need $200K for, or if the only people who will be investing are family and friends, deals along these lines.. syndication would be a terrible choice because of the resources it requires.However, if you want to take down an entire apartment complex, or a big office space, and require millions in capital for which you'll need to go outside of your inner circle, syndication is basically a necessity.So, you need to know all the nitty gritty about your deals before deciding how to structure it in terms of raising private equity.