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7 September 2016 | 49 replies
@David DachteraI understand what you have, and it is a nicely sophisticated tool for pooling several sources of capital and engaging in flip transactions at a lower tax rate than an IRA would directly.What you have is not really a self-directed IRA investing in real estate, but rather a self-directed IRA investing in shares of a complex legal structure that invests in real estate.
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6 September 2015 | 8 replies
Goldblatt notes between having a trust company serve as custodian and do all the transactional processing for the account, or creating a checkbook IRA LLC whereby you can directly administer investments from a bank account of your choosing.In addition to business model, there are significant differences between firms in this industry based on quality of service and the level of expertise available when it comes to complex matters such as performing Roth conversions on an account holding hard-to-value assets over time.The best thing to do is browse the forums here on BP, call a few of the experts who take the time to contribute to the community to get a feel for the services provided and then be sure to speak with your licensed tax advisor before moving forward.A self directed IRA or Solo 401k can be a fantastic tool for diversifying your retirement savings into real estate.
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14 September 2015 | 10 replies
If you go to a credit scoring tool such as the one that exists on myfico.com and play with the parameters you will see what I am talking about.
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20 June 2016 | 2 replies
This should answer your questions: https://www.biggerpockets.com/rei/pay-rent-online-payment-tools/
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21 June 2016 | 19 replies
I guess one of the biggest lessons that I have learned in the real estate field is the usefulness of leverage as a potentially helpful, but also potentially harmful tool.
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29 July 2015 | 1 reply
Holly,Marketing is a simple matter of using the same tools over and over; direct mailers, phone calls, more direct mailers, post cards, etc. etc.Build relationships.
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4 August 2015 | 3 replies
You're looking for a cash flow analysis tool.
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6 May 2019 | 30 replies
I would be interested in using this scraper tool how does one get access to this data mining technique for locating motivated sellers.
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29 September 2016 | 22 replies
The downfall of flexible systems.The more you extend it and use 3rd Party integrations the more tools you have to keep track of.