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17 December 2019 | 16 replies
This topic is worthy of a book, but I'll limit my best advice to three points:Get Yourself a great Chief-of-Staff Before You Consider Adding More Staff - Yes, you can probably hire VA's to perform nearly every task you now do, but resist the initial urge to bring on a gaggle of specialists.
16 August 2018 | 4 replies
Many have limits as high as 20 properties.
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10 September 2018 | 4 replies
Any good service will immediately respond to an emergency within the budget limit you provide.
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29 September 2018 | 5 replies
Rose park, West Valley, Kearns, Magna in Salt Lake County are places I would avoid personally.4) Can't speak to much about this however I know there's some local REIA meetups centered around wholesaling going on so they must be doing alright :)Sorry for my limited knowledge but hopefully that gives you some insight.Good Luck
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16 August 2018 | 3 replies
You should not apply for any credit right now: 22% and low limit $4K tell you than you have to work on your credit first.
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16 August 2018 | 4 replies
But the ones in my price range, (limited cash for down payments etc) are pretty bad off.
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17 August 2018 | 3 replies
are there any time limits, what are the pros' and con's ?
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3 September 2018 | 8 replies
The Solo 401k will likely be the better structure for you if you're eligible, which requires self-employment.A few Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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16 August 2018 | 5 replies
If the funds are accessible, you should consider rolling them over to a Checkbook Control IRA/401k that allows you to invest in real estate within the plan, rather than withdrawing and getting hit with taxes and penalties.
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28 September 2018 | 4 replies
Any suggestions for some good brokerages to look at for limited RE work, and hopefully let me do some property management as well?