Comments for BawldGuy Talking http://www.bawldguy.com Real Estate Investing through Purposeful Planning Sat, 20 Mar 2010 02:17:33 -0800 http://wordpress.org/?v=2.9.2 hourly 1 Comment on Recouping Your 401k/IRA Losses Through Real Estate Investing by jeffrey gordon http://www.bawldguy.com/recouping-your-401kira-losses-through-real-estate-investing/comment-page-1/#comment-19437 jeffrey gordon Sat, 20 Mar 2010 02:17:33 +0000 http://www.bawldguy.com/?p=3865#comment-19437 Hey Jeff, I like the strategy a lot! In DC we are finding a lot of opportunities, some of them shorter term REO and short sales, and some of them longer term "priced right" great location deals. As someone of your age group, I spend a lot of my time explaining to my son what my intuitive sense is regarding what is coming at us next. Big money supply growth, inflation, higher taxes, higher salaries, higher rents etc. But right now, things are as weak in DC as they have been in a long time. So we are buyers mostly of longer term holds until we run short of funds, we also feel most comfortable using our experience and wisdom to raise some additional capital to do both long term and short term deals. In 20 years we all will look back at this market and swear that we should have been buying with both hands! jeffrey gordon Hey Jeff,

I like the strategy a lot!

In DC we are finding a lot of opportunities, some of them shorter term REO and short sales, and some of them longer term “priced right” great location deals.

As someone of your age group, I spend a lot of my time explaining to my son what my intuitive sense is regarding what is coming at us next. Big money supply growth, inflation, higher taxes, higher salaries, higher rents etc. But right now, things are as weak in DC as they have been in a long time. So we are buyers mostly of longer term holds until we run short of funds, we also feel most comfortable using our experience and wisdom to raise some additional capital to do both long term and short term deals.

In 20 years we all will look back at this market and swear that we should have been buying with both hands!

jeffrey gordon

]]> Comment on Making Money In Real Estate With Your Self-Directed IRA by BawldGuy http://www.bawldguy.com/making-money-in-real-estate-with-your-self-directed-ira/comment-page-1/#comment-19410 BawldGuy Fri, 19 Mar 2010 14:22:30 +0000 http://www.bawldguy.com/?p=3860#comment-19410 Can't list all the areas here, but we're lookin' hard in La Mesa, Oceanside, Golden Hill, North Park, and Much of North County. Can’t list all the areas here, but we’re lookin’ hard in La Mesa, Oceanside, Golden Hill, North Park, and Much of North County.

]]> Comment on Making Money In Real Estate With Your Self-Directed IRA by Jeff http://www.bawldguy.com/making-money-in-real-estate-with-your-self-directed-ira/comment-page-1/#comment-19391 Jeff Fri, 19 Mar 2010 01:04:23 +0000 http://www.bawldguy.com/?p=3860#comment-19391 What areas of San Diego are you looking at? I'd like to join you. This is the way to go. However, I can't rollover my 401(k) unless I get laid off, because I don't feel like leaving my job at the moment. What areas of San Diego are you looking at? I’d like to join you. This is the way to go. However, I can’t rollover my 401(k) unless I get laid off, because I don’t feel like leaving my job at the moment.

]]> Comment on Using An EIUL As a Savings Vehicle – Generate Tax Free Income by David Shafer http://www.bawldguy.com/using-an-eiul-as-a-savings-vehicle/comment-page-1/#comment-19382 David Shafer Thu, 18 Mar 2010 16:32:11 +0000 http://www.bawldguy.com/?p=3852#comment-19382 The Minnesota Life EIUL I suggest allows the addition of term life to the policy. So we add a term policy for the time period needed. This also allows us to switch the term to a permanent addition to the face value in the future if something were to happen to the insurability of the client. We could then manage the premium amount to account for the additional face value. The advantage of doing this is you have guarantee insurability for the total face value of both the permanent and term insurance and you can add to the face value of your EIUL product, which most term insurance companies don't allow you to do because they either don't have an EIUL or force you into an inferior permanent product. The Minnesota Life EIUL I suggest allows the addition of term life to the policy. So we add a term policy for the time period needed. This also allows us to switch the term to a permanent addition to the face value in the future if something were to happen to the insurability of the client. We could then manage the premium amount to account for the additional face value. The advantage of doing this is you have guarantee insurability for the total face value of both the permanent and term insurance and you can add to the face value of your EIUL product, which most term insurance companies don’t allow you to do because they either don’t have an EIUL or force you into an inferior permanent product.

]]> Comment on Using An EIUL As a Savings Vehicle – Generate Tax Free Income by Troy http://www.bawldguy.com/using-an-eiul-as-a-savings-vehicle/comment-page-1/#comment-19381 Troy Thu, 18 Mar 2010 15:45:04 +0000 http://www.bawldguy.com/?p=3852#comment-19381 What if - same guy... but a little further down the road in terms of building a family... feels he and his wife need a little more face value for the next several years while the cash value builds. How does the cost of the additional insurance compare to a separate term life policy? What if –

same guy… but a little further down the road in terms of building a family… feels he and his wife need a little more face value for the next several years while the cash value builds. How does the cost of the additional insurance compare to a separate term life policy?

]]> Comment on First Week of 5th Grade – Makin’ My Bones – Tarzan Yells by BawldGuy http://www.bawldguy.com/first-week-of-5th-grade-makin-my-bones-tarzan-yells/comment-page-1/#comment-19266 BawldGuy Mon, 15 Mar 2010 14:56:22 +0000 http://www.bawldguy.com/?p=3810#comment-19266 Never thought of that. Hhmmm... Never thought of that. Hhmmm…

]]> Comment on First Week of 5th Grade – Makin’ My Bones – Tarzan Yells by Joshua http://www.bawldguy.com/first-week-of-5th-grade-makin-my-bones-tarzan-yells/comment-page-1/#comment-19238 Joshua Mon, 15 Mar 2010 03:17:08 +0000 http://www.bawldguy.com/?p=3810#comment-19238 Ya know, this flashback would make a great children's book, something along the lines of "First Day of School - Bittersweet Strawberries". ;) Thanks for sharing. Ya know, this flashback would make a great children’s book, something along the lines of “First Day of School – Bittersweet Strawberries”. ;) Thanks for sharing.

]]> Comment on The Different Flavors of Self-Directed Retirement Plans – Control by Rich http://www.bawldguy.com/the-different-flavors-of-self-directed-retirement-plans-control/comment-page-1/#comment-19178 Rich Sat, 13 Mar 2010 00:12:30 +0000 http://www.bawldguy.com/?p=3843#comment-19178 With the help of the Solo-k Retirement Group, I have a Solo 401k plan with the assets invested in real estate. I took the checkbook control approach as the custodial fees charged by Trust Companies are outrageous for what they do. Since I rent the real estate I have the Solo 401k plan own an LLC that is the actual ownwer of the real estate. You need to protect yourself.. With the help of the Solo-k Retirement Group, I have a Solo 401k plan with the assets invested in real estate. I took the checkbook control approach as the custodial fees charged by Trust Companies are outrageous for what they do. Since I rent the real estate I have the Solo 401k plan own an LLC that is the actual ownwer of the real estate.
You need to protect yourself..

]]> Comment on Safety – Cash Reserves – Never a Losing Year by Top 10 real estate posts of the day for 3/11/2010 http://www.bawldguy.com/safety-cash-reserves-never-a-losing-year/comment-page-1/#comment-19141 Top 10 real estate posts of the day for 3/11/2010 Thu, 11 Mar 2010 15:12:13 +0000 http://www.bawldguy.com/?p=3840#comment-19141 [...] Safety – Cash Reserves – Never a Losing Year – If you are going to invest make sure you are really in a good position to do [...] [...] Safety – Cash Reserves – Never a Losing Year – If you are going to invest make sure you are really in a good position to do [...]

]]> Comment on A Quick Heads Up RE: Murphy’s Law and O’Toole’s Corollary by BawldGuy http://www.bawldguy.com/a-quick-heads-up-re-murphys-law-and-otooles-corollary/comment-page-1/#comment-19119 BawldGuy Wed, 10 Mar 2010 14:59:42 +0000 http://www.bawldguy.com/?p=3836#comment-19119 Readers -- See what I mean when I say we can't make up this stuff? Kidnappers making change for ransom? Wanna help your business online? click Chris's name and you'll thank me later. He's the real deal. Readers — See what I mean when I say we can’t make up this stuff? Kidnappers making change for ransom?

Wanna help your business online? click Chris’s name and you’ll thank me later. He’s the real deal.

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