Thursday, April 7th, 2011 at 10:22am. 41,070 Views, 0 Comments.
What is a Self-Directed IRA?
A self-directed IRA is really not that different from any other IRA. The term “self-directed” simply indicates that you choose your IRA’s investments. Most investment brokerages and banks that offer “self-directed” IRAs limit clients to the scope of their own investment products. Custodians without proprietary products do not need to impose the same restrictions. This means you have more choices and greater flexibility for your retirement savings plan.
What can a Self-Directed IRA invest in?
Almost anything making for virtually unlimited array of possible investment choices that are allowed.
The IRS only defines the following assets as excluded:
- Life insurance contracts (e.g., a life insurance policy on the life of the
Thursday, March 31st, 2011 at 11:21am. 1,131 Views, 0 Comments.
We just finshed reviewing the final Portland real estate sales stats for February 2011 and want to share the following highlights:
North Portland. Very little change from January. This area has stabalized in a fairly balanced market. Inventory is flat, properties priced to sell are moving in approximately 2 months. Price per sq. foot stats are down $17/sf, caused by no sales over the last 90 days above $500K.
Northeast Portland. Positive trends in pending sales which increased by 34 units, cleariong some of the aged inventory from the market. This indicates that the time good for sellers to bring their NE Portland homes to market, and for investors to purchase into the positive momentum.
Southeast Portland. New Sales increased 43 units,…
Friday, March 4th, 2011 at 11:26am. 989 Views, 0 Comments.
For a little real estate humor, check out these recent typos and bloopers. Either these Realtors are typing too fast or just don't have a clue!
- Cozy worm bungalow
- Toilet leaks – be sure clients don’t slirp
- Professionally designed screeming room
- Include Short Sale Addendumb
- Kitchen with drinks bar and custom pot
- Library has exposed beans, books
- Bust buy in the area
- For more dretails, call me to get massage
- Your buyers will lick the tenants
- Security with motion detector spit lights
- EZ access to fleeway
- Dank room for fotos remolded and espanded
- House has two car garbage
Wednesday, March 2nd, 2011 at 2:05pm. 833 Views, 0 Comments.
Deceiving beauty and value. MUST SEE BACKYARD ... sanctuary with a separate sport court. Every room is generous with finishing detail. Special hardwoods, vaulted ceilings, slate in remodeled kitchen, game room, sauna, hot tub. Great for entertaining and enjoying life.
3 Bedroom 2.5 Bath 3059 Sqft
Taxes $5239 per year
Address: 14308 SW STALLION DR , Beaverton, Oregon 97008
List price $319,500.
For more details and photos see Sorrento Ridge Traditional
Don't forget to check out the Virtual Tour
Contact us to schedule a private showing.
Friday, December 17th, 2010 at 1:56pm. 1,189 Views, 0 Comments.
So yesterday Melissa and I set off the check out Multnomah Village. It is the first in an on-going series of blogs, videos, and photographs that we are starting in order to review neighborhoods, restaurants, coffee shops, and stores in order to get a better understanding of what each neighborhood has to offer. In turn we are hoping this helps your experience as a buyer.
Multnomah Village is in the heart of SW Portland. It offers an adorable old fashioned Main St. appeal that isn’t found anywhere else in Portland. (Actually as I write that I am thinking that St. John’s also has great Main St. appeal but isn’t as conveniently located to OHSU, downtown, I-5, and PCC Sylvania)Our trip to Multnomah Village included lunch at Marco’s Café one of Multnomah…
Sunday, December 12th, 2010 at 9:10pm. 961 Views, 0 Comments.
So far this year NFL QB Tom Brady has eclipsed even his own stratospheric standards for good decision making, as evidenced by a touchdown to interception ratio of 27/4. How does he do it? Tom’s decision making happens repeatedly in a few frenetic seconds before a linebacker crushes him into the ground. He must make a series of choices that happen so fast that they don’t really seem like decisions. The velocity of the game makes thought impossible. As soon as Brady glances at one of his receivers, he must immediately decide if the receiver will be open a few seconds in the future. He’s evaluating options in his sub-conscious mind, and is taking his guidance from his EMOTIONS. When he glances at a receiver who is covered he FEELS a slight twinge…
Saturday, November 27th, 2010 at 4:02pm. 854 Views, 0 Comments.
According to the latest PMI report, risk levels in the Portland Real Estate Market dropped to levels we haven’t seen since the financial crisis of September 2008. For the past two years PMI has calculated a risk index for Portland of around 90%. In the just released report, PMI estimates a risk index of 33%. This is an encouraging sign of pricing support at our current pricing levels, and is another indicator that it’s OK to be a buyer in our market, especially in the urban core neighborhoods that are the preferred locations of the two largest demographic groups that are buying homes (see report from the Brookings Institute).
The PMI risk index is an estimate that real estate prices will be lower over a two year time horizon. This is only an…
Thursday, November 4th, 2010 at 3:32pm. 928 Views, 0 Comments.
Would you prefer to walk to the local coffee shop, library or restaurant? Do you want to leave your car parked most days, because you can take the Max to work, or hop on your bike?
Are you worried about over-paying for that home in that close-in neighborhood where you prefer to live? You probably shouldn't.
I read an interesting article in the Nov. 4 issue of Brookings Institue about the Next Real Estate Boom. "The two largest demographic groups in the country, the baby boomers and their children -- together comprising half of the population -- want homes and commercial space in neighborhoods that do not exist in anywhere near sufficient quantity."
"Boomers are downsizing as their children leave home while the millennials are setting out on their…
Monday, October 18th, 2010 at 8:51am. 2,956 Views, 0 Comments.
We just received a copy of the Property Tax Millage Rate for Multnomah County. Expecting big differences in millage rate by neighborhood. Not so much.
We are often asked how property taxes are computed and how to appeal tax assessments. Property taxes are the product of your property's Asessed Value and the millage rate for your neighborhood. Asessed Value is defined by Measure 50, the property tax measure.
Measure 50 has been on the books since 1997. It caps increases in Assessed Value to 3% per year if there are no property improvements. If you want to learn more about how Asessment works under Measure 50 or how to appeal your assessment, you might want to check out this presentation from the Oregon Department of Revenue. If you're thinking…
Sunday, October 17th, 2010 at 10:06am. 923 Views, 2 Comments.
When we selected Melissa Young to be our Buyer Specialist earlier this year, we created an incentive bonus for her. If she reaches goals we set at the beginning of the year, she’ll get a bonus check at the end of the year. This compensation plan is hardly unique. When we set it up, we didn’t really question if it was the right thing to do. We know that bonuses work. Right?
Daniel Pink is getting me to rethink this assumption. More importantly, he’s helping me re-think some of the things I do as a parent. In his book Drive The Surprising Truth About What Motivates Us, Pink presents a compelling argument that our compensation plans and our parenting conventions have not yet caught up with the requirements of a modern workplace that values creative…