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16 September 2018 | 5 replies
You can take participant loans from the 401k, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component if you'd like to make tax-free investments.
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11 September 2018 | 3 replies
@Jack Moreno Hi Jack, I created a series LLC after I had a handful of properties, which was a bit of an administrative headache.
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21 September 2018 | 12 replies
Anecdotal evidence is a crazy drug...
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1 October 2018 | 5 replies
That you could then contact the executor or administrator of the estate and gauge interest in selling the property before they list with a real estate agent?
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16 March 2022 | 13 replies
It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.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.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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24 September 2018 | 16 replies
This is a conversion of a sfr to a triplex and includes design, construction administration, city L&I permits and zoning, and much more.Any other architects want to chime in?
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21 January 2019 | 12 replies
He had to pay fines and his house project got drug out months behind schedule.
24 July 2018 | 1 reply
Since there is no will do you know if the administrator has already been appointed @Huy Truong?
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9 January 2019 | 96 replies
Flipping will never die, so long as there is death, divorce, drugs and drama.
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3 August 2018 | 15 replies
In Glassboro at least, its incredibly ****** market to rent to families, alot like chewing on glass, it may be different for other college towns of course, but Ive had to evict 1 family, and the other, they had a drug operation (found out from neighbors) and a family of 5 plus the family of 3 I rented to living out of the house.