5 January 2017 | 22 replies
@Ned Carey Try being in Orygun were this state feels that we are Orygun everyone wants to be us.. therefore you will bend to whatever BS tax's and rules we have for business.Oregon survives for basically 4 reasons..

21 November 2015 | 4 replies
They have an option period, say between the twentieth and twenty fourth month of a two year lease to exercise their option and purchase the home.

22 November 2015 | 13 replies
I am not up on all the state and county rules for electronic submissions/recording.

23 November 2015 | 17 replies
The golden rule to have a good cushion to absorb some sort of expense and loss.
23 November 2015 | 12 replies
Being a hard money lender to developers/flippers is passive and not taxed.Ultimately the right solution will depend on your goals, and speaking with a professional in the field as well as your licensed tax advisor will be the best way to get a handle on your options.Is this ONLY in cases of a Solo 401K or is the general rule of thumb?

26 January 2016 | 7 replies
If I'm to understand this correct under the Safe Act (in Texas) ***I can do up to 5 homes per 12 months of your initial deal before needing to comply with rules and regulations.

21 November 2015 | 2 replies
Using the 1% rule as a proxy, the price range should be around $410k.

23 November 2015 | 8 replies
Take premature, massive action based on Instruction not Education.The benefits of Wholesaling:Zero to Very Little Financial Risk - Only a very small deposit ($100) and marketing dollars (much of this can be compensated for with Grit, Determination and Persistence) are at risk.Zero to Very Little Real Estate Knowledge Required - Wholesaling has almost nothing to do with real estate and everything to do with running a pawn shop.Fast - By far this is the fastest path to a massive cash position in the shortest amount of time that we have found.Scale - By following very simple rules (focus on a single exit strategy and a single marketing channel and being an owner/founder not a real estate expert) you can quickly create a business that is a servant to you rather than creating a job you serve.True Freedom - This is difficult to define and different for everyone but I can say this with certainty.

24 November 2015 | 30 replies
While the only "right" answer comes from DCF, here is how I would think about it on a rule of thumb/heuristic basis.

21 November 2015 | 1 reply
My condo HOA in FL, in which I own a unit I'm renting as an investor, has scheduled a vote to require any new purchasers to live in the unit 2 years before they allow them to rent it out. A pro is that this will make ...