All Forum Posts by: Aaron T.

@Ken Latchers

I am not opposed to some of the regulation presented, but other parts I oppose. I would also like to see facts, not feelings from the city.

I believe it’s just more government control.

 Its not about skill or brokers. its about using your resources around you to help and mentor. We were able to get it done. thanks.

I am working directly with a seller, I am looking at bouncing my offer off someone who knows the local area. someone who could pull a CMA or comps. I am new to the area with the military.

I can PM you the offer or situation.

I believe the IRA LLC looks like the best option to keep the fees low.

anyone have any good or bad experiences with directedira.com ?

I was looking to self direct a Roth IRA, roughly 20k. After looking at some SD IRA fees (from directedira.com), I was concerned that I would be paying more in fees, pushing my return down to almost nothing if making 10% on an investment.

Who are you using for SD IRAs and are paying these fees worth it?

directedira.com link I was using as a reference https://directedira.com/wp-con...

If this is for a place in PR, then you will have to use a lender that is based out of PR. the credit unions are pretty good, and its a good start. They may know of someone else if they are used to dealing with investors. 

real estate lawyer real estate lawyer real estate lawyer. remember PR is a fricken mess when I comes to administrative stuff. I would not buy unless you have a clean bill of health. if not, you can be tied up for 10+ years in the legal system. 

yes, you will have a hurricane rider to your policy. hurricanes are just part of living in FL. its like rolling dice.

thanks for the feedback. I was watching a video earlier and it looked like they had a multi member IRA/LLC that each of us could put our solo or SD under.

 Dmitriy,

thanks again for the links. For tax purposes now, our BNBs are passive income, much like a long term rental. As long as we are not providing middle of the stay cleanings, food, etc... then we still remain on the passive side of things.

I was reading about a IRA LLC, which it seems like I could put my SD 401k and my wifes SOLO 401k into. This may be the solution I am looking for. any thoughts about that?