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Viewing profile - RealInvesting

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RealInvesting
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Joined: Mon Jul 11, 2011 4:11 pm
Last visited: Wed Aug 24, 2011 7:15 am
Total posts: 19
[0.02% of all posts / 0.01 posts per day]
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Most active forum: Tips, Tricks, Links, Pointers
[ 17 Posts / 89.47% of user’s posts ]
Most active topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement
[ 17 Posts / 89.47% of user’s posts ]

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RealInvesting Posts

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 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 2:32 pm 

Replies: 49
Views: 19058


Your post was a breathe of fresh air. thanks for getting to the point. We're not actually afraid. Some of us actually do financial risk management for a living and for the reasons outlined above, believe that you're statements of "very low or no risk" are deceptive. With in investment port...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 2:07 pm 

Replies: 49
Views: 19058


bpgui wrote:
RealInvesting wrote:
Believe what you wish.

So your not going to answer the points raised against your strategy?


See my post above, apparently not.

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 11:59 am 

Replies: 49
Views: 19058


Offering large gains for very little (or no) risk is essentially offering a free lunch. "Free" is offering something for nothing. I'm offering lunch for 60% of what it costs everyone else. Here are two simple questions I'd like everyone to answer for me. Maybe it will help me better under...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 11:37 am 

Replies: 49
Views: 19058


Actually you first came here proclaiming, without a doubt, you had a great method for getting around the IRA contribution limits. It was only after we pointed out flaws in you plan that you claimed to be here for help finding potential flaws in your plan. Now you're getting angry at us for pointing...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 10:49 am 

Replies: 49
Views: 19058


VinTek wrote:
"There is no such thing as a free lunch."


...and the king's servant knew how anyone in his kingdom could get an excellent lunch for far less anyone in town, but nobody else wanted to hear it. So the servant continued to eat like a king even though he had the budget of a servant.

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Thu Jul 14, 2011 10:07 am 

Replies: 49
Views: 19058


First of all, thank you for the truly honest questions that have been posed thus far, and the answers that have been given. It has been very interesting and I have learned much. However, the previous few posts were written as if an answer wasn't wanted, but only an argument. Do you truly want me to ...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 1:46 pm 

Replies: 49
Views: 19058


However, if you ask people who are investing in real estate USING THIS METHOD, you'll find that they're extremely happy and find it much safer than a 401k, stock market, etc. even though they make 2-3 times more money. You just said that this was a newly modified strategy based on our input, so how...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 1:42 pm 

Replies: 49
Views: 19058


Frequently they'll come back and take our original offer when they find out nobody else will pay as much or move as fast. I can understand a speed discount. Value is determine by how much people will pay for something. If no one will pay as much as you, the value isn't as high as you say it is, and...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 12:56 pm 

Replies: 49
Views: 19058


PS. I understand this mentality of safe and good returns runs contrary to the GetRichSlowly.org theme. But you must understand that there are these types of situations ARE out there and they happen hundreds of times per day throughout the country, legally, with many happy customers. Yes, there are s...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 12:38 pm 

Replies: 49
Views: 19058


That strategy seems different than what you were initially indicated, in that you don't have non-IRA money invested along with the IRA money. That might be fine. But, you seem to only be focusing on the interest rate aspect of it rather than the other aspects could make something a prohibited trans...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 10:10 am 

Replies: 49
Views: 19058


Let me show you how a typical deal would be set up and maybe you can share your thoughts on how it would work with an IRA? Property Value = $100,000 Repairs = $10,000 My Purch. Price = $50,000 This is a loan-to-value of only 60%. If desired, I could just pay $50,000 for the property and sell it AS-I...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Wed Jul 13, 2011 7:24 am 

Replies: 49
Views: 19058


I have started wondering why the focus on IRA money. As I understand your business, borrowing cash from investors to buy houses, fixing them up, then selling them and paying high interest to the investors, could be entirely legal. Just keep away from the IRA money and make sure you jump through the...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Tue Jul 12, 2011 9:12 am 

Replies: 49
Views: 19058


I thank you for your time and you are very knowledgeable in this subject so I appreciate it. However, i know that extremely high interest rates are paid all the time in this business--in fact they're the "norm" in what I do. I wonder how they're getting around these rules you are referring...

 Forum: Tips, Tricks, Links, Pointers   Topic: Cash + Real Estate + Roth IRA = Infinite Tax Free Retirement

Posted: Tue Jul 12, 2011 8:22 am 

Replies: 49
Views: 19058


OK, since I'm not a tax person, or a financial advisor, this is all new to me. Thanks for the input. Now, what if we changed the scenario a bit? Take out the bank account money completely. Is there a maximum someone can earn on their Roth IRA as a return on their investment? For instance, what if th...
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