All Forum Posts by: Ane Deys
Ane Deys has started 8 posts and replied 23 times.
Hello,
being a newbie in RE investing, looking for some advice from the seasoned BPocks! I do not have any experience with crowdfunding, it is something I'm now researching and would like feedback and any advice/ words of caution.
I'm looking into investing in ARRIVED homes thru my SDIRA, but am not sure if it's a safe option, the company started in 2017 so it's fairly new. I don't know how much money should be invested to actually make sizeable income from there; their minimum investment is just $100.00. has anyone had any experience with them and can share any info and/or insight. your thoughts /experiences will be greatly appreciated. thank you.
Quote from @Jay Hinrichs:
Any Vegas PM's out there ?? if so please ping me.
Real Property Management Peace; contact Thomas Patchin at 702-848-2509. he was referred by my PM in CA.
Hi Ty,
Thank you very much for your quick & detailed response. My NV LLC was created in 2016 so I wouldn't have to file it with FINCEN, correct? I have selected a local CPA firm and will be utilizing them for tax preparation. It seems like I'm mostly compliant with both states' requirements. I will DM to add to my contacts.
Hello all,
I am new to RE investing so looking for some advice / insight on a couple of issues; would appreciate any feedback I can get.
I have 2 SDIRA LLCs created in Wyoming. I bought a property in FL with SDIRA funds and filed the foreign LLCs with the State of Fl. I was contacted by FINCEN to register the LLCs so I did that as well. Is that all that's required to from legal perspective?
I have a 3rd LLC (non retirement) created in NV, working on buying RE in Detroit, MI. once the purchase has consummated, I file the foreign LLC filing with MI state, do i need to file for FINCEN too?? are there any other filing requirements besides these?
Quote from @Andrew Zamboroski:
Quote from @Ane Deys:
Hello all,
I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction. looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions?
We can do non recourse in bridge debt under 1 million or on rentals at 60% ltv. I’m not sure if that would work
thanks Andrew, can I DM you?
Quote from @Dmitriy Fomichenko:
@Ane Deys, here is a list of lenders who can help you:
https://www.biggerpockets.com/member-blogs/2810/50272-list-o...
thanks Dmitriy.
Hello all,
I'm looking to buy a property from my SDIRA funds. I have to use a non-recourse lender for this transaction. looking for a lender who deals with SDIRAs / non-recourse lending, any suggestions?
Quote from @Michael Smythe:
@Ane Deys are you moving forward with the Buck St property?
Hi Micheal,
no it wasn't Buck St, but it didn't work out either. so still searching :-)
Quote from @Thomas Talbert:
Quote from @Ane Deys:
I believe BP has created a "Find a Property Manager" tab for certain markets. Maybe see if they have one set up for Detroit.
thanks Thomas, yes I just saw that too and will utilize it.
Quote from @Travis Biziorek:
Hey Ane, is it for a property you already own or are you getting your ducks in a row beforehand?
I own 12-doors in Detroit and can tell you all the pros & cons of PM's there.
thanks Travis, just getting ready to make an offer on my 1st property in Detroit. yes would like to connect & learn from your experience.