- Any other alternatives to the quiet title path, in order to get title insurance and sell?

Hi all,I just met with my RE agent and surprise, surprise, based on the pre-approval that I got from our broker, I could not find any properties that I could positive cash flow with unless I put more than 20% down in "decent" neighborhoods.For you SoCal investors out there, where alternatives are you looking at?

Lots of sociopathic personalities out there,, however at the end of the day buying rehabbers is not a highly complicated business as you state LOL, I must have the same algorithm hard wired in my brain along with my lie detector eye balls, I certainly got my share of liars and embellishments, but none were funded, maybe it's my cynical nature, maybe a bit of human intelligence gathering from my Army intelligence days, could be the old examiner days that sound off alarms, might be prudent lending practices that made me so lucky, maybe all of it together just didn't give those types a snowball's chance on a hot stove of getting past me, since it never happened with my money or my client's money.

The alternative is to try to get a manager on site and manage that person remotely but again very challenging.

There is no way of saying which borrower or tenant will default except through good underwriting practices and the ability to read people, I don't miss very often and there are aspects of life, those "financial life events" that can never be foreseen in advance.As to bands of investment/price, not really as I'm an underwriter type and consider each property in relation to the market demand, market rents or collateral nature, to the tenant/borrower.

Most traditional brokerage/IRA firms like Schwab, Fidelity, etc do not custody alternative assets due to the complexity and regulations involved in asset review, reporting, valuations, etc.

That's the nature of a Wholesale deal.As far as acquiring buyers, the more people you send the deal to the more likely you will find a buyer quickly. besides it costs nothing more than a few minutes of your time to do this via email. so the credibility of these buyers is important but that will work itself out.

this is why its not required to disclose these in RE disclosure docs.. nature happens..

Here's what I wrote here last June:Originally posted by @David Krulac:@Bryan WellerI don't like LLC, INC names that mimic the owner's name, like:Bryan Weller LLCWeller Real Estate LLCI think that the company name should be completely different from your own name, even Bryan and Bob LLC is something I don't like.From the IRS prospective there is always the question of dealer or investor, which often equates to being Federally taxed at long term Capital Gains rates or ordinary income at double the taxes. so your name should not state or imply that you are a dealer like:Day Trading Real Estate LLCBryan's Buying & Selling Real Estate LLCBryan's Flipping Homes LLC.Another thing that happens is that the nature of your business might change and now the specific name you pick does not apply likeRehabbing Chicago LLCThen you stop rehabbing or stop working in Chicago, once you move to Milwaukee or even Skokie and only do rentals the name Rehabbing Chicago doesn't make sense any more and will confuse people.I'm not as bothered by this one but have seen people that have names that don't quite fit or don't fit yet like:Worldwide Real Estate LLCGlobal Real Estate LLCTranscontinental Real Estate LLCActually met a couple of people with names like those who didn't own any real estate.

Can I simply do schedule C for my wholesaling profits using Turbo Tax or something of that nature noting my profits and expenses?