
22 February 2015 | 3 replies
@Bil Casimir you can "help" your Mom's IRA BUT you can not accept a dime for doing so, you can not benefit personally in ANY manner, nor can you manage her IRA or IRA/LLC for the reasons @Dmitriy Fomichenko stated above.In general though, your Mom's SDRA can and may want to setup an IRA/LLC for which she can play with Real Estate and manage her own LLC, on behalf of her SDRA, as needed for asset protection.You mom's SDRA can invest in another LLC so long as there are no disqualified individuals in the same LLC with a controlling interest.With all that said, if YOU want to play in her retirement sandbox...then she may be able to form an S-Corp on her own, do a reverse IRA Rollover to a new 401k sponsored by her S-Corp and then loan another LLC, or fund her an LLC that you and her are part of, or just your LLC, the money for the Real Estate...whichever way you all feel comfortable with.This is very important to get right...so don't hold weight to any forum post or opinion, consult the professionals in your local area for further guidance.

26 April 2015 | 2 replies
If so, i can be more precise.

20 February 2017 | 6 replies
Remember you don't have to own a property to control it.

22 February 2015 | 2 replies
You can control debt, to a degree, by finishing faster.On the other hand, if you are doing a particularly risky flip, with an uncertain timeline or cost, a 50/50 partner can offset some of that risk.

27 February 2015 | 10 replies
Since we do low income and self manage, we need to be nearby to keep things under control.

16 May 2015 | 41 replies
Hi @Arthur Zaragoza - we live & invest in Kansas City using precisely the model you describe. 70 to 75% LTV is what you will see for investment properties, and we have found banks that will do loans for as little as 50k (would probably need to appraise for at least 72k).

3 February 2017 | 63 replies
In no particular order, off the top of my head: landlord-friendly laws, no rent control, population trends, total population in the metro (I won't invest in super small metro areas/towns), unemployment rate trends, vacancy rate trends, income trends, rent trends, economic trends for the metro, weather (as it pertains to potential expenses - i.e., I don't have to worry about clearing snow from a parking lot in Scottsdale AZ), purchase price, expected ROI, how fast you can evict, insurance rates, and property taxes.
25 February 2015 | 4 replies
Remember you don't have to own a property to control it.

25 February 2015 | 9 replies
I Want control on who is living there and the metrics I use to screen them but the best return on my investment and reduce overturn and damage to property.

3 May 2015 | 17 replies
Now, forgive my ignorance when I ask: are there any strategies to your knowledge where a wholesaler CAN close / control the property without his own money?