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Results (10000)
Adriea Herndon Surplus Deals explained -Spencer Vann
11 October 2020 | 7 replies

Hi everyone. I’m back again with another question in regards to a guru. I recently came across Spencer Vann and his class on surplus funds. I’ve tried looking up surplus funds and so far have gathered that it’s money ...

Account Closed explaining wholesaling to sellers? questions
5 May 2011 | 1 reply

OK got some emails going back and fourth with a seller of a property (multi unit). He says the market value is between 185-210 from a tax assessement. I will copy what he replied to me now, but how do I go about sayi...

Michael Plaks EXPLAINED: Depreciation - myths & reality
4 June 2023 | 11 replies

Years ago, I was at a CPA conference, and the lecturer finished 30 minutes early. Unheard of, I know, but it did happen. He asked us what we wanted to learn in the remaining 30 minutes. And 300 CPAs in the room almost...

Franchesca Tejada SOMEONE PLEASE EXPLAIN HOLDING LLC'S.
28 February 2022 | 2 replies

I recently was told that I should place all of my properties in a holding LLC and manage them through my property management LLC. I don't quite understand the concept of holding LLC's though. Do I just put all of my p...

Jenny Ng Unable to understand…please explain
9 September 2023 | 9 replies

Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...

Jonathan Taylor Los Angeles ADU valuations explained
6 January 2021 | 58 replies

Good Afternoon Local LA BP folks,
I know this has been a hot topic among the local LA investors and as a mortgage broker I was very curious on how ADUs are actually valued as I keep hearing different sides to this. I...

Caleb Whitney Explaining SS to NOD homeowner
23 January 2010 | 4 replies

I market to the NOD list for my area and get calls from people asking me what my offer is to buy there house. They seem to be thinking in traditional terms about selling there home. They don't really know or underst...

N/A N/A Explain Refiing for cash out
18 September 2008 | 1 reply

Say I own a rental property appraised 110k
I owe 83k on it

if I refi the loan at 110k does that mean that the bank cuts me a check for 27k and I now have a mortgage for 110k and my payments would go up. ( i initially...

Charles Williams Please explain a "wrap mortgage"
31 July 2014 | 0 replies

I believe I understand the method of the wrap mortgage. My question is does the Deed Of Trust get transferred to the end buyer at the time of sell or does it stay in my name until the loan is paid off? Here is my s...

Jordan Robinson Explaining Wholesaling to motivated sellers
17 January 2014 | 22 replies

Hi, my name is Jordan and I'm a wholesaler. Through my marketing i get alot of motivated sellers calling me with leads. What is the best way to explain what i do as a wholesaler to a motivated seller who dosen't know ...