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All Forum Posts by: Peter James

Peter James has started 0 posts and replied 4 times.

Starting Out

Post: Turnkey Investment Properties

Peter JamesPosted
  • Posts 5
  • Votes 2

Hey LaTonga,

Typically turnkey properties that are tenanted do sell for a premium because of the cashflow. Certainly being in the midwest there are more opportunities for cashflowing properties than on the east or west coast.

From my experience it is hard to compare an investment property that is cashflowing to a primary residence as they are different risk profiles

0 Votes
Starting Out

Post: New to the game, LLC / tax advice

Peter JamesPosted
  • Posts 5
  • Votes 2

Hey Nic,

Did you setup a traditional LLC or a series LLC in order to separate each property?

0 Votes
Buying & Selling Real Estate

Post: Smart move? Would you withdraw from 401K to invest in RE?

Peter JamesPosted
  • Posts 5
  • Votes 2

@Josue Vargas I believe if you either leave your job or retire, you can roll your assets into a Self Directed IRA and purchase the home in the SDIRA without paying taxes

0 Votes
Buying & Selling Real Estate

Post: Multi-Family and Small Apartment Complex

Peter JamesPosted
  • Posts 5
  • Votes 2

Daniel,

Have you looked at Toledo, Ohio?

2 Votes