Investing in notes 3 addresses title insurance, note income, and future note purchasing. Are you familiar with potential title problems?
This entry was posted in 401(k)'s & IRA's , Notes , Video on March 21, 2013 by BawldGuy .
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I'm second generation real estate, first licensed in fall of 1969. Having been mentored by several iconic brokers, I'm also CCIM trained, having completed all 200 hours back in 1980. Have successfully executed well over 200 tax deferred exchanges, many of which have been multi-state in nature. Strong points are analysis and the creation and real world application of Purposeful Plans employing several strategies synergistically. The idea is to arrive at retirement with the most after tax income possible, backed by the largest net worth.
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If the note is inside an IRA or Solo 401k and you have to foreclose, do any and all repairs, fees, and expenses also have to come from the same account?
All activity must take place from inside the plan, Greg. Income comes into it, expenses are paid out from it. No exceptions of which I’m aware.