real estate investing: Financial Advisors and Self Directed IRAs
- 06/05/08 02:57 PM
QUESTION: How should I approach a friend of mine that wants to invest their money held in an IRA and 401K retirement plan in what I'm creating? I am not a financial advisor and I want to ensure that what I provide to them is the best approach. If they speak with their financial advisor where the funds are held, they will most likely persuade them to keep their funds with them. What should I tell them? Answer: We have experienced this with our financial advisor. I think it depends on your friend's goals and risk tolerance. Obvious we are real estate heavy … (1 comments)
real estate investing: Washington Real estate Investment Calendar
- 05/20/08 04:24 PM
If you are serious about Washington real estate investments, you should educate yourself as much as possible! We have a calendar of local events for you to attend to get networked with other Washington Real Estate Investors. You can go to www.WARealEstateSolutions.com Go to 'Upcoming Events' to see what events are coming up. You will learn about about Washington Real estate Investments that you can invest in or how to locate Washington Real estate Investments. There are many resources available for Washington Real estate Investments.
I get approached all the time with new investors wanting to wholesale a property to me. When I run the numbers, I find there is a NEED for people to get educated in the deal evaluation.
Here is an example: $450,000 List price $425,000 Contract price $10,000 worth of repairs
Is this a deal or NOT a deal?
A $15,000 discount from the list price is nothing to get excited about.
What about this example: $350,000 List price $315,000 Contract price … (0 comments)
real estate investing: NOW is a GREAT time to BUY!!!
- 03/20/08 05:52 PM
When OPPORTUNITY KNOCKS.....ANSWER!! This is the BEST time to BUY!! Sellers are now more realistic on their price after being on the market for months. They may even pay for closing costs to get a buyer into a property. As a fellow real estate investor, I am telling my colleagues..BUY NOW!!! Everything is on sale and the market has hit the bottom and it's only uphill from here. I have some people who don't know what to look for but want to take advantage of this market. We work together to utilize their capital or credit to take advantage of this market! … (1 comments)
QUESTION:;)
;)
