Jon Mccarthy
Frustrated
25 February 2015 | 83 replies
@Ben Leybovich This did get out of control and was not my intentions.
J Scott
Tenant Approval When Using PM
22 February 2015 | 13 replies
I am a little bit of a control freak ;)
Matt Fisher
Checkbook Control 401k--Ways to use for RE?
16 March 2015 | 34 replies
I have been researching "Checkbook Control" Solo 401(k)s here and on the web...
Mimi H.
Solo 401k + Business Structuring
9 March 2015 | 7 replies
Many Solo 401k participants invest their Solo 401k directly into real estate because an LLC is not required for such an acquisition nor is it required to have checkbook control over your Solo 401k funds, unlike with an IRA LLC.
Andrey Y.
Investing in hawaii has become unrealistic and a waste of time
26 February 2015 | 42 replies
so controlling the remodel cost I think would be the key to success there..
Jim Peret
WisconsinLegal Blank
22 February 2015 | 2 replies
Regular landscaping/yard care (mowing,edging, trimming, fertilizer, weed control) will be provided by_______________________.For allTenants:a.
Bil Casimir
LLC
22 February 2015 | 3 replies
@Bil Casimir you can "help" your Mom's IRA BUT you can not accept a dime for doing so, you can not benefit personally in ANY manner, nor can you manage her IRA or IRA/LLC for the reasons @Dmitriy Fomichenko stated above.In general though, your Mom's SDRA can and may want to setup an IRA/LLC for which she can play with Real Estate and manage her own LLC, on behalf of her SDRA, as needed for asset protection.You mom's SDRA can invest in another LLC so long as there are no disqualified individuals in the same LLC with a controlling interest.With all that said, if YOU want to play in her retirement sandbox...then she may be able to form an S-Corp on her own, do a reverse IRA Rollover to a new 401k sponsored by her S-Corp and then loan another LLC, or fund her an LLC that you and her are part of, or just your LLC, the money for the Real Estate...whichever way you all feel comfortable with.This is very important to get right...so don't hold weight to any forum post or opinion, consult the professionals in your local area for further guidance.
Sylvia Pomazak
Chicago suburb newbie
20 February 2017 | 6 replies
Remember you don't have to own a property to control it.
Moshe Eisenberg
Hard Money or Equity Partners
22 February 2015 | 2 replies
You can control debt, to a degree, by finishing faster.On the other hand, if you are doing a particularly risky flip, with an uncertain timeline or cost, a 50/50 partner can offset some of that risk.
Phoebe Gavin
New in the Seattle Area!
27 February 2015 | 10 replies
Since we do low income and self manage, we need to be nearby to keep things under control.