NOTE: discuss this verbally and then put it in writing!

Keep looking for homes with potential and writing offers when they come up.

Generally speaking, a Wholesaler writes (fills out) his or her own contract.Negotiate, make an offer,  embody price and terms in your contract, then execute.I'd recommend using the standard or promulgated contract rather than inventing or using some wholesaling contract you find off the internet.

He’s a tech guy that needs the write offs, likes real estate investing but is pretty hands off.I also cannot afford to buy properties on my own right now as I live in a hot market (Phoenix) and nothing here worth buying is under 220k and I’m not comfortable yet buying out of my area.The next property is his downpayment, closing costs, etc, but my credit.

You may be eligible to write off the expenses such as tools/trucks without it.You want to speak with an attorney but you may not be getting liability protection for repairs/renovations done to your own properties if the work is done bad.Speak with an attorney to discuss any liability protection that you may receive by having the LLC.

Try this: 1) Write down exactly what you want and why you think that will make a great investment over the next 10-30 years.

But unless you have one and want to write it off as a business expense, give it 5-10 years.

I’m considering writing, either jointly or solely, an eBook to help generate leads for RE clients — I’m a licensed CA broker. 

What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties?

Hi,I’m about to write an offer on a condo but am torn between requesting it to be vacant or to keep the tenants there.