Is It Possible To Purchase Rental Real Estate In A Self-Directed IRA? Yes. Is it difficult or time-consuming to form your own Self-Directed IRA for purchasing Real Estate? No, contact any professional provider. Is it simple to handle purchasing Real Estate in a Self-Directed IRA? Definitely not. There are many complexities and you will need […]
Archive | Finances
Make Buying And Selling Home Easier
Many Articles Are Written About How Real Estate Agents Should Treat Clients Be positive, alert, answer phone calls and return electronic messages at once, be available, etc. Jaymi Naciri wrote an article from the other directions. “10 Things To Never Say To A Real Estate Agent.” Buyers And Sellers, You Might Say, “Why Do I […]
New Information For Borrowers and Home Owners
All Owners Borrowing On Their Personal Residence For “Consumer Purposes” Must Receive A Federal Booklet, “Your Home Loan Toolkit” It is an excellent source of information concerning loans. The booklet is available free at www.cfpb.gov. I Want To Discuss The Last Section In The Booklet Title: Owning Your Home, subtitles-Owning a home is exciting; your […]
Have Any Of You Heard About This Type Of Transaction
Someone Discussed A New (To Me) Type Of Investment Monetized Installment Sale (M453) Transactions. They were formerly called “collateralized installment sale” or “C453” transactions. They are based on Section 453 of the IRS Code. A Person Has Property With A Low Basis If they sell, large capital gains. If they do a 1031 Exchange, they […]
Follow Up To Loan Pre-Approval
I Discussed The Reasons For Getting Pre-Approved For A Loan Before You Start Shopping For A Home Does getting approved beforehand guarantee that you will get the loan you want. Again, quoting the National Assoc. of Realtors, “Being pre-approved is not a sure-fire way of obtaining a loan either”. Yes, after you get approved, many things could go […]
Marketing Idea For Your Consideration
Last Week In A Post The Question Was Asked “Do you think that people who are going to sell their house, have already been looking or buying somewhere else, either up sizing or downsizing?” I believe the answer is yes, so in your promotions you should be asking for listings, but also trying to become […]
Thinking Out Loud About Real Estate
Everyone Has Their Own Theories About How To Sell Or Manage Real Estate Since I have not been without a tenant for 53 years and have sold some buildings, I have some opinions. As I have said before, do not confuse me with facts as my mind is made up. You can have your truth, […]
Better Buy Solar Stock
Headline In A Recent OC Register Column By One Of Their Outstanding Writers, Jeff Collins: “Solar Homes to Skyrocket Under California’s New Energy Rules” 90 Years Ago A Presidential Candidate Promised “A chicken in every pot and a car in every garage”. Recently, the California Energy Commission who controls this stuff voted 5-0 requiring solar […]
One Type Of Housing Is Booming
If You Have Been Watching Rental Housing In California You realize that rental prices are increasing faster than wages are increasing. This is not a good sign for renters, and talk of Rent Control is coming to the forefront again in many cities. But there are still some areas to invest. Student Housing: It is […]
Wells Is In The Penalty Seat Again
Wrote This Article On Thursday And An Announcement Came Out On Friday It is a done deal. After all the troubles that they have had over the recent years, they are now in “early stage discussions” with the Consumer Financial Protection Bureau over possible new penalties. These problems stem from their practice of charging for […]