All Forum Posts by: Daria B.

 Did you get my message to you with the PM contact info?

Always best to talk to the authoritative person.

I’m with Mitchell Realty (Bob and Wendy are the owners and also investors). Justin is the best organizer and keeps up on all the properties. PM me if you would like their contact information because BP will remove it if I post it here in the forum.

@Nicholas Hunt welcome to the world of investing.

@Dmitriy Fomichenko mentioned a great start by searching the forum for SDIRA and getting educated but he's being modest as his posts have helped me to understand a SDIRA.

Previously I had a 401k that I rolled into a tax-deferred IRA after leaving that employer, nothing too exciting but then I found out about the SDIRA years later and moved my money to that account and have been using it for purchasing Mortgage Notes verses property.

You're in the right forum and I'm sure there other podcasts that speak of the differences.

Good luck....

@Eugene Kemp

If you are going to owner occupy then HML may not be the best in rates. From what I see a lot of people use it for rehab and then sell.

Well apparently I didn’t do enough of it and or I did it wrong. I probably should have learned more before I bid but you know the old paralysis by analysis; so I jumped in and can’t say I regret it. I should say I had a bid on 5 assets approved and after DD I narrowed it down to this one. 

It did have someone helping me but, well here I am. I can weep and moan or learn and move forward. Just glad I used my own funds as if and when I’m ready to take on investors I don’t want to learn on their money. 

Ok I see. Good luck. I’m sure you have noted this in your DD for next time. It’s a never ending learning of what to look for and what to do.

@Account Closed

How was it in the due diligence none of this was found out?

 Admittedly I’m not up on the new craz...what is bitcoin?

@Isiah Ferguson

Is this the only quote you called for?

Looks like you are having a new roof, windows, facia, and soffit put on the house.

If you received more quotes from other companies you can compare and see the material and labor charges.

Others in your area should also be able to determine based on their experience with these items if it were more recent.