Real Estate can provide a alternative and enhancement to an investors portfolio.In my opinion this is the best way to build true wealth. Though the markets of REOs, foreclosures, short sales, lease/options, assignments, and active listings an investor has many options to reach an objective goal. I believe more real estate Millionaires will be created in the next 2 years than the past 20 years. I like duplexes, quads, multifamily, hotel properties. As a principal investor myself, I can offer exceptional service from the investor's point of view. I current own 3 investment properties and I understands the up and downs of owning investment property. I can even search for "Hard Money" as a licensed Mortgage Broker for First Trust Mortgage in Tampa, FL. I can partner up with an investor for the right deal and have other partners that can be limited partners or hands on partners with or without equity funds.We can property management that headache apartment complex you have and get it into shape.We are experts at turning a property around to obtain postive cash flow. Are You an Apartment Building or Hotel Owner Facing Foreclosure? I am a professional commercial property investor who is ready to purchase apartment buildings from distressed owners. I am able to close quickly on apartment buildings that fit my criteria. Currently, I am seeking to acquire 8 to 60 unit apartment buildings without a lot of deferred maintenance. Please contact me today to find out how I can purchase your apartment building quickly.In addition, I am looking for Hotels and Motels in the Tampa Bay area. To discuss the possibilities of working with me, please call 813-465-3421 or send an email request via the "contact me" link or feedback listed below. Do you know-Quick Facts-Roth IRA Changes for 2010 New opportunity to convert to Roth IRA. This year is a pivotal one for retirement planning, as it is the first year in which taxpayers may convert funds in regular IRAs (as well as qualified plan funds) to Roth IRAs regardless of their income level. Such a conversion may be desirable because distributions from Roth IRAs may be tax-free if several conditions are met, and a Roth IRA owner does not have to commence lifetime required minimum distributions (RMDs) from Roth IRAs after he or she reaches age 70 1/2. However, even if Roth distributions are tax-free, a 10% penalty may apply. Plus, the conversion itself will be fully taxed, assuming the rollover is being made with pre-tax dollars (money that was deductible when contributed to an IRA, or money that wasn't taxed to an employee when contributed to the qualified employer sponsored retirement plan) and the earnings on those pre-tax dollars. For example, an individual in the 28% federal tax bracket who rolls over $100,000 from a regular IRA funded entirely with deductible dollars to a Roth IRA will owe $28,000 of tax. So the individual would be paying tax now for the future privilege of tax-free withdrawals, and freedom from the RMD rules. SELF DIRECTED IRA -If you set a a self directed IRA you can by any asset that is not a collectable.Real Estate,or a Business can be purchased.You can also get a non-recourse loan to buy investment property with no income requirement.Only 6% of Traditional IRA's or 401(k) are set up to be self directed IRA's in the U.S.A. As you know profits stay in the IRA. Call me, I can refer a personal expert. Residential Sales-Most people move every 7 years. |