Mason Edwards
Wholesaling in Illinois (not Chicago)
Hey everyone, so I'm thinking of trying to wholesale here locally in Illinois. I'm not interested with dealing with Chicago, as I've heard it's a terrible market. Since living in Illinois with the restrictive laws, I ...
Tina Wang
low cost SDIRA (self directed IRA) company recommendation
Is there any good lower cost SDIRA company that any of you are happy with? I currently use New Direction Trust Company, but their fee structures have been increasing. So I'm shopping around to see if there are other t...
Marc Rose
Loans that don’t require personal guarantees
How successful have folks been borrowing in LLCs without personally guaranteeing the loans?For those who have done this, do lenders rely on financial statements of the LLC to get comfortable with not requiring a perso...
Mohammad Murad
Broker compensation for Lincoln, Nebraska
My Realtor mentioned there is a Broker compensation ($695). Is that reasonable?
CJ Moulton
What happens when an appraisal is higher or lower than the purchase price?
Hey BP,What happens when an appraisal is higher or lower than the purchase price?Lets say you put in an offer for a house at $200k, and it gets accepted. Once the appraisal is complete, the value is now $150k. What ex...
Cam Mckin
should i get my own realtor since i made an offer on a house with no realtor but agent still wants 6%
hi everyone this is a follow up to my previous question i am thinking that if i have to pay this realtor that is representing the seller 6 percent i might as well get my own realtor to represent me. mainly because th...
Matt Laird
Looking to invest with an experienced Oklahoma Multi-family
After educating myself, researching the market, & looking for deals, I've decided my best get to jump to 50+ multifamily properties would be to coat tail an experienced investor on a syndication... If you have som...
Eric Williams
Basics of Tax Planning
So I see a lot of questions about ways to lower taxes.
Remember, the objective is not to minimize your tax liability as much as it is to maximize the net present value of the transaction.
As someone once told me an ...
Aref Shehadeh
Purchasing a short sale that I may be listing.
Hopefully the right forum here. I'm beginning here in my search for information.I had a homeowner reach out to me from a direct-to-seller marketing campaign looking to sell their home. They are low on the equity side,...
Lucy Bennet
lower my capital gains tax by raising my own realtor commissions?
I'll be selling my own investment property for $245k. I'm the agent representing both sides. My capital gains will be about $150k.I'm thinking about raising my realtor fees (ie 10%-20%) in order to lower my capital ga...