Account Closed
How do you approach another real estate LLC to purchase a home
1 December 2015 | 2 replies
Never surrender"-Dee Dee HueyAiming to be the best wholesaler The mailer may work, but I usually can find the number.First, look up the corporation/LLC on your states Secretary of State corporation lookup.
Holly Saxby
New Member from Alpharetta, GA
2 December 2015 | 9 replies
I was just courious if you felt strongly about an LLC over a corporation or owning in your own name.
David Mirza
how do banks calculate income for an existing rental
15 January 2016 | 7 replies
See page 357, section B3-3.1-08, Rental Income of the Fannie Mae Selling Guide for details.For your second paragraph, I assume you are personally obligated on mortgage debt for property owned and reported through a partnership or S corporation.
Austin Hughes
Automation: Pre-Made or Custom-Tailored?
14 December 2015 | 14 replies
They're sent to my email.Virtual Assistant Updates website, does a little bit of calling, and helps out here and there.Realtor has me on zip code searches within my criteria.I use slybroadcast.com to blast voicemails out to prospects.Mail is pretty much completely manual, other than the fact I learned how to use mail merge.Blog posts are outsourced and shared on social media outlets.Bandit signs are manually put outHiring photographer to take pics and vids of properties for saleCreated an Offer calculator for my VA to determine what cash, sub-to, or owner finance offers to make.Analysis calculator is pre-set, and takes 3 minutes to analyze a property.Budget: not counting my chickens before they hatch, but once this current deal goes to closing, I'll have roughly $10K to put towards marketing and automation for the next 6 months.What I'd LIKE to Do...Automatic mail outs from lists I've chosenAnswering service to screen leads (actual humans)..
Mitch Messer
Why don't more foreign investors seek owner financing?
17 December 2015 | 15 replies
@Mitch MesserA foreign investor is only insulated from subsequent dances with exchange rates if s/he establishes an incorporated entity in the U.S.A. to hold their investments - they will have to pay U.S.A. taxes at the corporate rate, but can chose if and when they repatriate any retained earnings.
Cameron Price
How do you ACTUALLY set up a self directed 401k
10 January 2018 | 37 replies
I have an ongoing relationship with the firm whose forms I used to start the Solo 401k so that the account paperwork will be updated if there are any changes in the IRS rules.
Kenneth Cowan
Clayton Richard Podcast #151 - 3/1's for $40k, how to?
8 December 2015 | 5 replies
I liked his strategy of targeting unit's he knew would rent for around $700 once updated, he looked for 3/1's and cost after repairs for him were about $40k.
Rafael Norat
Capital Gains Tax on Flip via Joint Venture
7 December 2015 | 7 replies
Unless you have elected corporation tax treatment for your LLC, the LLC is a pass-through entity.
Thomas Landis
Bloomington, Indiana Meet-Up and Mastermind!
25 August 2020 | 9 replies
Hello all, can someone add me to the list for updates?
Charlie John
Monetizing seller leads? Offer to fix their house?
10 January 2017 | 1 reply
Would love to hear an update.