Cornelius Charles
Diary of a New (wannabe) Investor in Southern California
1 July 2016 | 119 replies
We are currently using CRM software, so hopefully it will have some way to set up some kind of reminders or something to follow up with leads on some regular interval.
Martin Z.
How much do the pop up Halloween stores make?
19 May 2015 | 2 replies
I'm dealing with a vacant big box retail location, there's a Halloween company offering 1/6th of the regular lease rate to occupy for only 3 months.
Petra M.
Replacing kitchen appliances - easy?
23 June 2015 | 8 replies
Your granite prices at 130-600/slab, I would say for class A you are looking at 450-500 area, one slab is around 8 feet x 21" (or 24") for your regular bullnose, installation is around 300-400/slab.
Allen Lucas
Got an offer on my house but....
23 June 2015 | 8 replies
Some people do double close regularly but in general you hear wholesalers close only if a) they have to since the contract is not assignable, mostly REOs and Short Sales or b) they did such a good job that the fee they will be making is especially large and they don't want any issues with the buyer or seller getting POed if they see how much money they made.If they put the contract on it because they in fact think it is a good deal that they can easily sell then putting up a deposit should not be a deal breaker for them.
Miles Rivas
potential 1st deal
3 August 2015 | 2 replies
Would I have to pay regular income tax on the profit?
Allen Clark
New Investor, buy and hold in Seattle
15 October 2015 | 11 replies
I will keep my day job as I am good at it and certainly want to keep my regular income as I explore this new hobby.
Brian Gibbons
Article WSJ about Rent to Own
4 August 2015 | 31 replies
I bet their were no regular inspections and not real option consideration or earnest money to be lost if not purchased, like 3 - 5% of FMV.A Security deposit on a nice home does not cover many damage items of being in excess of "normal wear and tear."
Ana Haynes
New member Union City, Nj
22 February 2017 | 38 replies
It's identical to about 6 other homes next to it, all of which have 3 units rented out, and have up-to-date green cards.
John Pak
Is "income" from an Estate Schedule K-1 (line 5) passive?
4 April 2017 | 2 replies
Because if it were passive, I was wondering if I could use our carryover passive activity loss from our real estate rentals (we do active participation but cannot use the PAL against regular income due to income limit).
Nathan Estochen
What state is your note entity formed in and why?
3 November 2019 | 26 replies
Also, would I use a business loan for refinance/finance process (since I'm buying it as an LLC and not myself) or regular mortgage as I do for my primary home?