I was looking at a development investment in a mining town in Western Australia (WA) (structured and managed by a 3rd pty) but held off last year as job security was somewhat uncertain and had a little one (now arrived) on the way.  

Any direct or indirect transaction between his IRA and such a disqualified party would result in a self-dealing prohibited transaction for his IRA with severe tax consequences.Your father's IRA could be used to form a new real estate development business using a Rollover as Business Startup program.  

Right now my wife and I are with a little boutique firm here in Lake Oswego called Soldera.. and the owners are all like minded and all do investment's and develop and build.. so there is no conflict with them and the managing broker is an attorney as well so she keeps us well grounded...Of course they won't let me deal with the public at all !!!

I wonder if there's a way I could leverage from software dev skills to help analyze the parcel list and refine prospective parcels?

Is there new development nearby , is that neighborhood growing or changing? 

I do plan on going to ACH with Appfolio but I'm still new to the software and perfecting the tenant payments by ACH first.

Rishel Consulting Group developed this solution (with the help of very qualified regulatory attorneys) at the specific request of the estate of Lonnie Skruggs.

Develop a strong USP helping agents/consumers with their biggest pains on listings, then...Become a PRO member here and put it in your signature! 

If the Seller tells you that they have no real timeline, that they will just wait until the property sells, this is often a sign you are not dealing with a motivated Seller.Make sure you protect your time by being willing to walk away if it becomes clear that there isn’t enough motivation.No matter how the Seller responds, your main goal is to open a line of communication and develop a conversation about the property and the needs of the Seller.

Hi all,New to the site, and I am curious to start developing the "plan" mentioned all over the place.