Andrew A.
My House Hacking Experience in Cleveland (Is it Right for You?)
21 August 2018 | 13 replies
Why didn't I continue to invest in real estate and instead keep working in corporate america?
Vincent Meoli
High income earner seeking to quit his day job- What to invest in
10 May 2018 | 65 replies
During this period, I was an executive in corporate America making a 6 figure W-2 income.
Adna Rubio
Good Info! - Avoiding an IRS Tax Audit By Kevin J. Bassett, CPA
22 August 2015 | 1 reply
If you incorporate or form an LLC you will increase your legal protection, lower your audit risk and probably save self-employment taxes.
David Pupo
Leap of Faith from Part Time to Full Time Wholesaler
4 December 2015 | 6 replies
Everyone is different, but one of the hardest things I found was adapting to an unstructured life (working for myself, at home, as compared to decades in corporate life); it still is a challenge to an extent.I look forward to receiving your wholesale deals; I buy in Orange, Lake, Polk, Osecola and Seminole.Go forth and crush it!
Lewis Watts
Wholesaling
8 October 2015 | 5 replies
Can anyone take me through an elaborate Step by Step Strategy to incorporate in my first endeavor at a wholesale deal...
Spencer Hilligoss
Avoiding "Due on Sale clause" with a convential lender. A saga.
3 November 2017 | 2 replies
For example, the LLC cannot be used for commercial rentals.”Requirement #3: "The LLC must not expire prior to the maturity date of the Deed of Trust.”Step 5: Submitted our documentation the same day - We provided the lender with (what we thought were) LLC documentation, including Articles of Incorporation, Operating Agreement, Statement of InformationWeek of 10/30/17Step 6: Crickets - A week passed by, and no response came in, so I called them.
Sara Batchelder
Seeking advice re: obtaining a Broker's license for investing
14 November 2016 | 3 replies
I just moved to Colorado and have not yet begun looking for a professional job (I am a CPA who has worked in Corporate Tax for the last 10 years after 3 years in public accounting).
Patrick Medeo
Multiple Investors Starting from Scratch
28 March 2017 | 12 replies
2) How should we incorporate?
Ryan Franklin
Advice for a new investor eager to start slinging deals!
5 April 2017 | 0 replies
Also, would it behoove me to keep my job for the time being to be able to claim the income.A combination of #1, #2 and #3, (spitballing here) incorporate as a RE investment business where I flip 2 houses, use that income to purchase a BRRR , repeat a few times, then proceed to #3 where I can now claim the flipping proceeds as income when qualifying for a commercial loan.
Joshua Mattson
Is this idea and potential "IN" to RE investing feasible?
8 November 2017 | 7 replies
I do have a cousin that I could incorporate to facilitate communication to me (possible property management role) and liaison for the contractor on the updates.