Sylenthia Boswell
Free Skip Tracing Sites
Hello guys,I’m a newbie to wholesaling as well as real estate in general. I was wondering if someone can give me a list of free sites for skip tracing that I could use until I’m able to make a couple of first deals. I...
Ben C.
S-Corp or LLC for flips?
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
Kamran Rahman
Help- New Condo with Water Damage and Black Mold
Hi BP!I seem to have a problem. A condo I purchased 6 weeks ago, seems to have water damage and black mold. I am hoping to get the following out from this thread:1. People sharing their similar experiences when living...
Aundrea Newbern
Disabled tenant causing damages that require repair
I have a tenant that is a very large man and disabled. He requires use of a walker and cannot support himself without holding onto something or use of the walker. When he first moved in I allowed him to install grab b...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Sean Saadat
Security Deposit and provide itemized list - No Invoice
My house in California was rented for three years by a 3-person family. My tenants moved out on June 30th. When I went there to do inspection, I found out that there is a lot of work and only a normal cleaning service...
Liz Ridgway
Passive Losses at Time of Sale
I am reading BP’s Tax Strategies book and I wish I had read it sooner. This should be required reading for anyone who owns RE, even if only a primary residence.My question pertains to passive losses. Due to the income...
Steven Lange
Usury Laws and Unlicensed Private Lenders
When does a private lender cross the line? When does your need for the money to get the deal through get outweighed by the inconveniences a private money lender sets forth in your terms. My partner and I are at odds o...
Alvin Grier
Filing a FOIA to Find Out if Title is Insurable
Has anyone ever filed a FOIA request with a municipality to find out if the title on a property is insurable?I overheard someone at the title company the other day talking about filing a FOIA to find out if a particul...
Mike Miller
Can Someone Explain this Line in the Purchase Agreement?
If am the buyer and my name is Joe Patterson, I assume that goes on line #1, .....but then what is #2 and #3 for? (See screenshot.)