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Transfering a property into an LLC
9 April 2010 | 6 replies
As a pass through entity, LLCs won't provide you with any tax benefits that you wouldn't have by just filing your rental property on a Schedule C on your personal return.
Bryan Casteel
Lease/Option versus Lease/Purchase
6 March 2013 | 13 replies
This is only a lease with a one page option that gives the Tenant/Buyer the option to purchase the home at a predetermined price at the end of the term and if they stop paying the rent the Landlord/Owner can evict, if the Tenant/Buyer decides not to buy at the end they can walk away and the Landlord/Owner got the benefit of a long term tenant who took better care of the home because they were planning on buying the home instead of just renting.Remember to be successful action is the key...Marv Rousselow
Jim Francis
Finding comps
1 March 2006 | 22 replies
I'm very curious to see as they improve their data, but for now I think it is the place for the non realtor's to go.We will recommend the site to our users.On the other hand, It doesn't take into account active and pending listings, which are essential for an accurate appraisal estimate.
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Feedback on First RE Investment
5 May 2006 | 28 replies
I have a thick skin and I assume others do as well, let's face it one of the "benefits" of posting questions on line is that you know you may get a bit "flamed" for your posts.Again, I could just tell everyone "wow, you're a genius, you'll be a millionaire in no time" like the gurus do.
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buying first home
4 March 2006 | 12 replies
You can still get a lot of benefit from using an agent as long as everyone understands up front what your situation is and what you are looking for.A second option (less likely to work well) is to tell the listing agent on the home that you want to make an offer and represent yourself IF they will drop the full commissions down and the seller credits those savings to your closing costs.
Marvin Valencourt
How do I decide if I'm over extended or just think I am?
13 March 2006 | 3 replies
Essentially I have two mortgages but the current one doesn't require me to live in the house so I went and bought a place I liked better to move into.
Jason Barnett
REI Radio over the internet?
19 February 2007 | 14 replies
Then I eventually just left it at the "Salvation Army Drop of Box" to allow someone else to benefit from it.
Jim Watkins
What gives?
23 March 2006 | 5 replies
This site can be a huge benefit if investors and would-be investors utilize it and reply to new threads and post regular replies.I am first in line to help any investor with what I know..... but the world works better when everyone contributes.Just my two cents... well, one cent actually.
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New Member (501 C3 and LLC incorporation)
19 March 2006 | 7 replies
For instance, what is the best type of for profit/not for profit charter I can use that will serve the most benefits?
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10 person investor club
14 March 2006 | 0 replies
this would be a great side-benefit for many of my friends who are employees of big companies2.