I recently found out about being able to open up a self directed IRA for investing in real estate. What i am eager to know are the stipulations? Can it be my primary residence or do I have to do something else with...
I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...
I recently attended a seminar where a popular TV couple was the sponsor. Now, before we get rants regarding the levels and $$ they ask to shell out for training etc...my interest in this post is targeted to understand...
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
So there was a thread that was started a number of days back that is actually gaining quite a bit of attraction. Didn’t know how to post the link so I’ll just reference it. The title is…. What are your real estate in...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
Hi, guys, I'm from NYC (Brooklyn). I know the NYC market is very expensive for newbies like myself and I feel like I may have to look outside of the city to get started.I currently make $42k year and have 32k in savi...
How did you all get to where you are today in real estate? Was it through building a business, working a 9-5 job (and in what), jumping right in and using other people’s money, etc? If you haven’t invested yet but you...
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...