9 October 2015 | 5 replies
Not all IRA custodians accept the single-member LLC as an asset of the IRA.There are two key components of the IRA LLC - setting up the plan and using the plan properly within the IRS guidelines.Find a firm that specializes in this and that can offer you meaningful guidance after the initial setup.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/224200/small_1621434410-avatar-dannigirl.jpg?twic=v1/output=image&v=2)
13 November 2015 | 32 replies
I would prefer to have it done professionally, however since we are a small start up, capital is key right now and I keep thinking that we might be better served spending the additional $750 elsewhere.Am I being unwise to consider doing it myself, especially since other parties will be involved or is it not that big of a deal to do it on my own?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/248901/small_1621436129-avatar-henniem.jpg?twic=v1/output=image&v=2)
10 October 2015 | 4 replies
Prices will reflect that, but buying dirt cheap means selling dirt cheap in a small town that isn't "related" to a larger market.Study real estate basics, location, market influences, inventory turn over, economic factors that effect value.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/403539/small_1621449413-avatar-nellyl1.jpg?twic=v1/output=image&v=2)
9 October 2015 | 1 reply
The key is to mail the list 6 time over the course of a year.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/6539/small_1621347807-avatar-suz.jpg?twic=v1/output=image&v=2)
10 October 2015 | 7 replies
Which our tenants did not have at the time of the leak.Going forward: Waiting for a call back from the insurance company to see if it is possible and cost to increase the mold mitigation cap on the policy for any future claims.Changing the wording of the Renter's Insurance clause in the lease to state proof of coverage with the landlord listed as an interest is required within 48 hours after the lease is signed, prior to the keys being handed over.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/403576/small_1675714671-avatar-sylviah.jpg?twic=v1/output=image&v=2)
12 October 2015 | 11 replies
I am very interested in purchasing tax liens, fix and flips and turn key rentals ( where there's a property manager in place).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/373003/small_1621447398-avatar-dafina.jpg?twic=v1/output=image&v=2)
12 October 2015 | 2 replies
If you believe there is a range I'd love to hear your thoughts on what dictates or influences Cap Rates the most right now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/392930/small_1621448709-avatar-nickh27.jpg?twic=v1/output=image&v=2)
18 October 2015 | 16 replies
This has been a learning experience and so far my key takeaways are:I don’t want a second job as a property managerI don’t want to be a general contractorI'm a bad CPAI love it when other people do work for me.I currently reside in Santa Monica and would like to own in this area, but I’m heavily leaning towards outside markets for higher long term cash flow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/250647/small_1621436253-avatar-jackb2.jpg?twic=v1/output=image&v=2)
10 October 2015 | 2 replies
Risk influences rates as well as lender's target returns.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/402384/small_1621449345-avatar-shamaj.jpg?twic=v1/output=image&v=2)
11 October 2015 | 16 replies
The difference isn't gender related, but rather it's confidence influenced.