9 February 2017 | 1 reply
If, the reserves drop below the $5000 the partnership will start the monthly $50 individual donation until reserve is back fully funded.
9 February 2017 | 5 replies
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.
10 February 2017 | 2 replies
@Ron Quinn I have seen some at the conventions that I attend for property management companies, not sure if it's for individuals.
11 February 2017 | 2 replies
True...thing is I know that there are a few properties listed in the name of the individual who has defaulted and they have furnished profit/ loss statements etc because they are self employed...mysteriously they have not listed any other assets ( including the apt building that they are collecting income from that I already found about prior to contact) and I understand how the "game" works, I wonder what others have done when presented w this kind of issue?
10 February 2017 | 4 replies
I prefer custom contracts for the individual deal then modified boiler plate contracts.
15 February 2017 | 5 replies
If you understand and can manage the work of the sub (individual vendor), then great.
27 February 2018 | 18 replies
In terms of picking off individual loans, you would have better luck buying lists and calling people directly.
14 February 2017 | 9 replies
I am excited to be apart of Bigger Pockets with such a great community of like-minded individuals.
14 March 2017 | 7 replies
I was researching a property that was for sale, it was a 4-plex with each unit being a 2bd 1.5 ba. 3 of the units were rented to a single individual for around $695 each when the market in that area was ranging somewhere between 750-875 average.
5 March 2017 | 12 replies
I've been looking for a good Mastermind group for likeminded individuals passionate about building wealth through Real Estate Investment.