All Forum Posts by: Jesse Daconta

Coal ;)

PM not gathering multiple quotes for repairs and paying full price.

Your home is a liability. Not an asset.

We're in a similar situation. We just told our investors that they are accruing at 8% each year for the first 3 years but that they would need to accept 4% per year (towards the 8% yearly) for the safety of the property and everyone's funds. They still get some interest money for the first 3 years and they get everything that's owed/principal at the refinance

@Dmitriy Fomichenko

Would the SDIRA be subject to UBIT if they're used strictly as a loan? For example, we have a property under contract where the current owner will carry $850K out of a $975k property. The SDIRA will not own any shares of new LLC but will be used as a loan instead of a LP. Will this subject the SDIRA to UBIT?

Thank you!

Jesse

Hey guys,

I have an investor who wants to know if they can invest IRA cash and their own personal cash into the same apartment syndication deal. What are your thoughts? Figured I'd ask on here before I bugged Equity Trust again lol

Thank you,

Jesse

Deals :)

Christian,

Property is at:

351 san antonio blvd va 23505

V/R,

Jesse

Thank you guys!

We currently have a 20 unit apartment building under contract in Norfolk, VA. We're going to refinance out in ~3 years. Does anyone know how a bank comes up with the value of the building? Is it the same as when you're trying to sell it (NOI and cap rate) or do they factor in other things as well?

Thank you,

Jesse