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25 August 2016 | 3 replies
In general,newer is better.Unless you're talking about historical homes in special historical neighborhoods,a 70 year old home is gonna be worth more than the homes pushing 100 years that are probably long overdue for massive repairs and remodeling (new plumbing,rewire the electrics,new roof,water heaters,etc.
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25 August 2016 | 1 reply
I've managed to speak with a lot of investors who have given me their buying criteria but can any investors share on what has been the most successful strategies for you in NY?
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25 August 2016 | 2 replies
However, because I am so new to this, I know I have world's of information to learn, and would love to learn any starting off information people are willing to share!
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26 August 2016 | 2 replies
@Matt Avila Thanks for sharing, that is something I will keep in mind.
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26 August 2016 | 2 replies
I don't like to plug in uniform, base rent increases, etc because you may be buying way below market with massive increases initially then subtle 2-3% across your ownership, etc.
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26 August 2016 | 8 replies
Please share your experience if you have done this before.
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3 September 2016 | 33 replies
Following is how the ROBS 401k works: Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new ROBS 401k plan, which then funds your business, you incur no taxes or early distribution penalties.Unlike traditional 401k plans that allow for a 401k participant loan, that is, borrow up to 50% of the account balance not to exceed $50,000, the ROBS 401k for business financing plan allows you to use all of your retirement funds to fund your start-up business.The ROBS 401k funded corporation allows you to draw a reasonable salary from the business.ERISA 408(e), and ERISA Reg. 2550.408 list information regarding the use of 401k funds to invest in employer stock of the employer’s corporation.The IRS formally commented on the use of 401k business funds on Oct 1, 2008 by issuing IRS memo commenting that the use of retirement funds is not disallowed but continue to be reviewed by the IRS.The use of retirement funds for business funding entails the 401k purchasing stock shares in a C-Corporation.
25 August 2016 | 0 replies
Shared well, separate 3br septics that have been inspected and are good (Have to add a holding tank per Health Dept. as new regs require 500 gal holding per bedroom and both are 1000gal tanks).This is a country setting on outskirts of town (7min drive) and 1/2hr to 45min to 4 major cities where most employment is.
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25 August 2016 | 4 replies
The two gentlemen behind the sale of the 535,000 acre Waggoner Ranch in north west Texas (near Vernon) share part of their story at this podcast. https://www.recenter.tamu.edu/news/podcasts/?
26 August 2016 | 3 replies
Common amenities in these luxury apartment buildings include high-end rooftop decks, pet-friendly options, bicycle repair and storage rooms, shared co-working spaces, and tech-focused lobbies.