24 February 2017 | 17 replies
As others have said, you can rekey in seconds at turnover, etc.816 Series Single Cylinder Satin Nickel Key Control Deadbolt Featuring SmartKeyhttp://thd.co/1OcBEOy
22 February 2017 | 9 replies
@Lucas LeBlancTo learn more about the solo 401k loan rules, see the following:https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loansAlso, following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.
5 March 2021 | 37 replies
Becoming a real estate is a great way to learn the culture of that side of real estate - what you won't learn at Realtor School is how to invest - creative financing and making money.What you will learn is how to keep from getting sued - how to use their forms and making full disclosures.Learn the business from their prospective - but keep in mind (before you become brained washed) that your real goal is to become a successful investor.So - follow their rules - but start to study real estate investing - get a mentor - go to auctions, tax sales - foreclosures - make offers on expired listings.So to make your broker happy -- list a few properties and sell some also.Apply for a credit line, check protection and set up some joint ventures with friends and relatives.You WON'T make that much as an agent - but you'll become wealthy if you learn how to CONTROL and ROLL real estate - make sure you learn advanced creative real estate formulas and use those principals often.Good luck with your release from incarceration of employment.
4 March 2017 | 4 replies
I'm not going to make an emotional decision because it's my mom.
22 February 2017 | 5 replies
I would hope we go into business with people we trust, but still we usually outline how things should go in the event of things going south as it is easier to compromise fairly when everyone is levelheaded, rather than after the fact when emotions are on the line.
14 June 2017 | 25 replies
Go talk to a landlord of a rent controlled or stabilized apartment in New York City.
22 February 2017 | 4 replies
Have control over things that are your responsibility.
22 February 2017 | 0 replies
Scenario: The sellers are backing out of the deal, but you have considerable amount of time, sometimes money, and investment emotion in a deal and all of a sudden... seller changes their mind?
28 February 2017 | 36 replies
I make money when deals close - not on all the BS before there is an offer, so I control my activities that could be a waste of time.
28 February 2017 | 10 replies
It was my former home that I turned into a rental, rather than selling, and I brought in a property manager to keep from being "emotionally attached" to the decision making.