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17 April 2024 | 5 replies
This is not intended to be a discussion about the options for investment, rather how to conduct real estate settlements in non fiat currency.It is (or should be) evident by now that the status of the USD as the world's reserve currency (or at least our exorbitant privilege) will continue to be marginalized in the coming years (and decades) and that investors are factoring in elevated risks of currency inflation and debasement into and onto their portfolios.
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14 April 2024 | 4 replies
They currently pay $1350/mo for the rental.Are there any creative options for making this work or something we're missing?
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17 April 2024 | 22 replies
The syndicator is the one offering securities, so they're the ones that need to worry about staying in compliance.
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17 April 2024 | 8 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
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17 April 2024 | 13 replies
There are third-party admin people that can help you set up and administer your solo 401k for a relatively inexpensive fee it's about $300 a year I currently use one company to do the same for my self-directed Roth IRA.I'm looking to go with the 401 option because I can do a 100% contribution up to $20,500 now.that's just a little over my net in one month on my rentals.
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16 April 2024 | 3 replies
If you are interested in a market like KC there are some good options for you here.
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16 April 2024 | 8 replies
Richmond is a wonderful place for real estate investing, with its expanding economy, variety of neighborhoods, and affordable property prices compared to bigger cities.If you want to further your real estate investment journey in Richmond, it's important to stay informed about market trends, connect with fellow investors, analyze properties thoroughly, consider various financing options, diversify your portfolio, manage your properties effectively, and stay well-informed about real estate investment strategies.
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15 April 2024 | 1 reply
While on the subject, any tips for ensuring (as best as possible) that I am able to secure a tenant(s) into the other units as soon after closing as possible?
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16 April 2024 | 6 replies
1. probably the easiest and least complex options - also should not be really any more cost than opening a single member entity tbh...ensure that dissolution clauses are properly drafted for you both being on title2. for one rental property, this is overkill (although there are many people that will say you need to do this...the maintenance and cost of a trust for one rental property is likely not profitable) 3. personal name with good insurance policy if you're worried about liabilityHappy to go over ideas.
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17 April 2024 | 8 replies
Will definitely explore the DSCR options.