Wendell De Guzman
How to Get Money For Your First Deal
11 August 2017 | 118 replies
The reason why is because I'm hopeful that I will get an opportunity to execute a process such as this one; only difference is I would like to do a little bit of shadow boxing to get my feet wet or soaked which ever comes first.
Jerry K.
2014 Arizona - Yavapai County Tax Lien results
1 March 2014 | 3 replies
That helped reduce the number of investors who won liens.
Bill Schultz
The bankers code
21 February 2018 | 30 replies
That’s $975 that you owe annually, reducing your 12 mo. yield to $1625 or 25%.There are many more ways, aside from using a wrap to make this work, including additional yield plays like an equity kicker.There’s a reason this is called The Banker’s Code.
Matthew Barnauskas
Passive investor wanting to get into the flipping business
2 March 2015 | 7 replies
I was hoping to find someone in the Columbus ohio that is currently in the flipping business to allow me to "shadow" so to speak, the whole process so I can get a better idea of how to go about fixing and flipping.
Ed S.
Tax and Single-Member Business Entity Questions
5 March 2015 | 2 replies
She doesn't need a "salary" from the flipping business, but is not opposed to taking some income as salary or distributions to reduce any unnecessary tax burden.
Justin Richardson
The ins and outs of bidding on a foreclosure at auction.
5 March 2015 | 13 replies
I am interested in buying foreclosures at a greatly reduced price for flipping as well as buy and hold.
Account Closed
Should I sell or rent my condo?
2 March 2015 | 7 replies
So that is a consideration.Beware renting and then moving back in as there are restrictions and some depreciation recapture issues to deal with that could reduce the amount of gain that would then be tax free.Looks like you're in a great position to take this sale tax free and then move right into that next house and live there for 2 years before selling and once again taking the first $250k/$500K in gain tax free.And what if you banked the profit from the sale of the condo and in a year or so added to it and bought another house to fix and move into?
Account Closed
How do I find an ACTUAL real estate investor mentor?
12 June 2016 | 17 replies
If you are looking to shadow someone, attend a REIA as mentioned above. you will then be able to see who fits your personality and maybe able to shadow or work with them more.
Methuselah Arnold
New member from Van Nuys,Ca
10 March 2015 | 13 replies
Anyway i too am just starting out after sitting in the shadows of the site and watching for a while, difference is i left CA for AZ a few months ago.Good luck to you sir....
Fitzgerald Hall
Whats Your Problem With Wholesalers??
4 March 2015 | 32 replies
Obviously get no takers, then a week later offer it again at a reduced price, then again, and again....leaves a bad taste in my mouth.