
1 February 2020 | 12 replies
@Dan Gamache is correct on some of the advantages.

9 January 2020 | 3 replies
Hi you guys, my business partner and I have begun BRRRRing single family homes. We're about to begin refinancing and it has been suggested to us to get commercial loans instead of conventional loans.
What's the ben...

23 January 2020 | 13 replies
You mention, you are negative cash flow because you live there, but you also get tax advantages for owning/living there.

14 January 2020 | 8 replies
I would recommend utilizing social media to your advantage - there are a lot of groups, particularly on Facebook, that are Indianapolis-focused that allow you to narrow in on the real estate investing market and get connected to wholesalers, lenders, and other real estate professionals quickly.I'd set up an email you feel comfortable providing publicly for wholesalers in particular - vet those you work with and be careful of daisy-chained deals.

9 January 2020 | 1 reply
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

11 January 2020 | 5 replies
@John ThamThere are certain advantages of setting up a Solo 401k instead of a Self-directed IRA (if you are eligible to do so).

13 January 2020 | 4 replies
Would putting it through my company offer any potential advantages on an interest rate?

14 January 2020 | 6 replies
I plan to take advantage of them.

15 January 2020 | 13 replies
If it's your first, but you're thinking of doing it regularly I'd advise treating it like a business and talking to both a lawyer and a CPA as it may be advantageous for you to form an entity or to open an IRA if you don't already have one for the purpose if it best fits your particular situation.

10 January 2020 | 13 replies
Leveraging where I could.Take advantage of this high market and put your money into an asset(s) that is valued as a business and not subjected to the sways if the market.It will also make your life more manageable with a w-2, free up a lot of $ and reduce your tax exposure as you raise those kids.Locking up all of that cash makes that $9-10k not as appealing for me.