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1 like • Mar 5
@Nelson Rodriguez - I hope it was helpful. Mike gave some good information regarding checkbook access within your SDIRA. After reflecting upon the webinar I realized that a UCC-1 filing will create a lien against the LLC. This is in reference to when Mike was talking about getting funding by having the investor loan the money to his LLC.
1 like • Nov '25
@Mike Ruscica Did you say the name of the program was called ERISA? I want to do some research on it.
Challenge Part 1
If you were offered $5 million today and had to pick an asset class to invest in, what would your choice be? Even if you have never invested before , what would you choose? Examples: Land, Apartment buildings, Commercial property, Tech Stock, Notes, Precious metals, Crypto, Trailer parks etc. No wrong answers. If you don't pick today, you lose the opportunity! You don't need to invest today you just need to chose. Let's Hear It!
1 like • Oct '25
Hmm.. $5 million.. I would spend $2 million on a small apartment building of 20 units or so. A little over a $1 million on industrial/warehouse under a triple Net lease. $1 million in notes and finally $1 million in 1bd/bath AirBnB. Every 5yrs I would either refinance my commercial loans or 1031 into something bigger.
Crazy Returns
So I was offered a deal where I lend $25k for 30 days and get back a 10% return. If it goes past 30 days It goes up 5% to 15%, if it goes past 60 days it goes to 20%. Every 30 days it goes up 5% until 120 days it gets to 35%. If it goes past 150 days the land that is attached gets assigned to me. This is vacant land with this transactional funding. Another deal is for a rehab in Colorado. 55k for 90 days, 55k out $80k returned. Is anyone else seeing deals like this?
5 likes • Sep '25
@Mike Ruscica - I like the way that note is structured. What's your exist strategy in the event of default assignment? Sell? Develop?
Who is interested in owning rentals for cash flow?
Are these the ideal investments for retirement? I used to trade my time for dollars but I knew there was a better way. I started reading everything I could which took forever (back in the day). It really started to click for me when I got new friends. My old friends had no desire to become wealthy. Sure they all wanted a million dollars but were not comfortable stepping out of their comfort zone of punching that clock for that "steady paycheck." My new friends talked about positive cash flow interest rates financial calculators and internal rates of return infinite return Wow! It was a whole nother vocabulary a whole nother world and I had to become another person. I remember the first time I introduced myself as a real estate investor. I felt uncomfortable especially when they asked how many properties I owned. Oooops! If you are interested in rentals please comment below!
1 like • Sep '25
@Mike Ruscica - Are you looking for financial partners on future endeavors?
1-10 of 18
Alexander Kapadia
3
36points to level up
@alexander-kapadia-6147
On a mission to become financially independent. Investments contained in the real estate industry; Mortgage notes, rentals and private lending.

Active 7d ago
Joined Nov 21, 2024
kansas city, Missouri
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