Michinori Kaneko
Self-directed IRA geared towards money lending
Hi BP Community,I have a pretty significant amount of 401k from my prior employers invested in mutual funds, but thinking about moving it into a self-directed IRA and lending out the money from it instead. I wanted t...
Kenneth Lester
New construction multi family duplex-quad cost per sqft
Hi I’m torn between the two costs for my evaluations practices before jumping in development. Idk if cost will be more $125/sqft or $165/sqft for duplex-quad development in C class areas of Chicago any help please
Kimberly Agnew
Direct book payments
I have a guest who would like to direct book my airbnb for a week. Would like to not go through airbnb to avoid their fees. But she wants to pay by credit card. I am new to all this and we have only had our Airbnb for...
Leo Lanza
Dallas Ft.Worth Direct Mail LOW??
Hello,
I bumped into a lady today and she said she runs an REICLUB in DFW. I asked her what her response rate is for direct mail. She said that if she does a 1,000 postcards she would get maybe 2-3 calls.
Those n...
Julio Gonzalez
Asset Classifications for Cost Segregation
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Account Closed
Private Money Structuring
I am looking into purchasing an REO, rehabbing it, and holding on to it as rental for a year or two and then selling. I plan on using private money for the deal, in this case a good friend of mine's self directed roth...
Michael L.
Servicing fees and actual returns
Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
Josh Schaap
Driving for Dollars - Direct Mail Campaign Advice
I've been doing some driving for dollars and I've gathered a decent list of properties I'm interested in with owner's names. I'm really trying to dig up some deals in this tough market. I'm embarking on my first direc...
Kyle Sailor
Paid Search vs Direct Mail for Wholesaling Leads
Hello, I have a question regarding my marketing budget. I am looking to find some deals and get my feet wet at the start of next year, but only starting out with 1-2 wholesale deals a month. I'm not as concerned with ...
Charles Mace
Note Flipper by Jerry Norton
Has anyone purchases Jerry Norton's Note Flipper program? The cost is $1,000 and I don't want to join only to find I need a huge direct mail budget to reach note holders. It is advertised as having a platform that y...