Costel A.
Self directed IRA and hard money
28 January 2019 | 10 replies
See following for a list of lenders. https://www.biggerpockets.com/blogs/3441/51027-nonrecourse-loan-debt-for-self-directed-solo-401k-investmentAnd following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.
Jason V.
Is REI Just the "Least Worst" Choice?
2 March 2017 | 7 replies
There's a level of control of your own destiny, whereas if you're buying stocks you don't have much control over what a particular company does.
Brad Ernst
Seller financing questions
28 February 2017 | 7 replies
That gives you incentive to refinance but doesn't force you out of your asset if circumstances in, or beyond, your control make it difficult or impossible to conventionally refinance the property.
James Conaway
General Practice for pest control in apartments
10 March 2017 | 12 replies
What is the general best practice/policy for dealing with pest control like cockroaches in a shared building like a 4 plex?
Clint Looper
Wholesale deal structuring advice.
2 March 2017 | 2 replies
I Would an investor even want a property they can't control for a few months?
Stephen Bagnani
If I loan Hard Money, what Returns are Acceptable? Outstanding?
7 March 2017 | 12 replies
I want to own and control the full note.
Andrew Savikas
Flo smart water monitoring and control system
3 April 2017 | 2 replies
This forum description references hardware, so I figured this was a good place to ask if anyone has heard of the Flo water meter (they're still in beta testing). It monitors water flow and can detect leaks based on ch...
Stephen Dickey
Desperate need of some 1031 Tax Exchange Ideas
7 January 2018 | 9 replies
The property is under your control but you're not on title yet.
Tim Dailey
wrap, sub2-- underlying assumable mortgage negative flow to owner
20 January 2017 | 4 replies
I would not go 30 years to do a wrap. 2nd is that YOU are in control of the mortgage without having your name on it.Show the seller the benefits of getting some cash and he goes away.
Darius Striglers
Newbie from Boca Raton, Florida!
19 January 2017 | 5 replies
One concern I have is that I would like to have more opportunities to look at homes in person and not just crunching the calculations from afar; to get more precise values/estimations and to see how the property looks overall.