
16 May 2023 | 5 replies
I definitely have quite a team on my side, my aging parents need to slow down physically with construction but the vast knowledge they have will be crucial for my start up.

19 April 2019 | 11 replies
I have researched the area as much as I can without physically going there so feel free to chime in with any advice or recommendations.

4 May 2023 | 34 replies
@Joel O. even DSCR loan require whats called a warm bodied guarantor aka a physical person, to guarantee the loan will get paid.As far as removing your personal name and replacing title with an LLC, its probable but like I said, not all DSCR lenders report to credit, but some do.

11 May 2023 | 2 replies
You would then make contact with the IRA holders (digitally or physically) and invite them to an in-person event like a lunch and learn (at your expense) where you then lay out for them (over free food and sometimes drinks) why they should invest into non-correlated markets like the whole-loan mortgage space.

17 May 2023 | 54 replies
Life insurance is kind of redundant if I have physical cash flowing assets.

17 May 2023 | 1 reply
We now use a spreadsheet that does the heavy lifting and all the receipts go in a physical folder.

1 March 2018 | 15 replies
With a facility that small you might be able to get away with an online portal (rental agreement signing and payments) in conjunction with a "landscape company"...when they mow the lawn, you have them walk around, do a lock audit, open empty units, consolidate anything left behind into one "junk Unit" and then email you the results so you can make sure your software inventory matches your physical availability.

2 March 2021 | 15 replies
You are not physically removing it like you would with any other type of typical retirement savings account.

21 September 2018 | 11 replies
While you may not want to setup a Solo 401k (if eligible) solely for this purpose, it might be a useful benefit in addition to other features of the plan: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
20 March 2021 | 7 replies
To rent a property in Philadelphia, a local agent (someone who is physically in Philadelphia) needs to be connected to the property.