Binita Mehta
Company to manage own properties?
Hi. Has anyone established a company (llc or other) to manage your own properties? Does it help from a tax perspective? Pros/cons etc.?Thanks.
Chris L.
Has anyone used a 1031? Is it complicated?
Hi there. I may be selling a rental property in NJ and use the proceeds to buy 2 or more properties in another state. I was wondering if any of you have experience with using a 1031 and how it works. Who can the sell...
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
CJ M.
Need a real estate attorney in North Texas ASAP for Sub-to gone bad
Hey everyone, looking for some direction for a very good friend of mine. Can anyone recommend an attorney in Texas (who is available) to discuss with him a sub-to deal that is going bad? He has less than 2 weeks to sa...
Oladimeji Sonibare
Wholesaling Seller-Financed Deals
Hey, Guys!I’ve got a property that’s for sale by owner and the owner is warming up to the idea of Seller-Financing. Is there anyone that’s wholesaled a seller-financed property before? Any complications I should look ...
Amyson Varughese
Looking 4 advice w/Eviction from anyone with experience in Pierce county, WA area?
Hi, I have a tenant that promised to pay past due 2 months' rent and failed to do so. They have 2 kids, so I was doing my best to work with them. But when they didn't make up the missing 2 months' rent, I sent them a ...
Johnathan Cummings
Buying portfolio and then selling off a portion to recoup investment?
Hello All, I have a client asking if they could buy a portfolio of 5 properties (at a "packaged deal" rate) and sell off two of them to recoup some of the initial down money needed to buy them. I haven't done anything...
Elias Barend Westhof
Buying a property with a tenant not paying rent
So we’re about to buy our first home. It’s a 4-plex in downtown LA. One of the tenants in the house has not been paying rent for several months, and owes $14.000 in rent. The person has not been evicted because of the...
Joey Cassera
Hiring 7yo son as household employee
I am looking to hire my 7yo son as a household employee. Mainly Supervising his 2 year old sister while were home so we can complete tasks such as cooking and laundry.
I do not own a business. Am I able to do this ou...
Janet Behm
Need Extra Time to File Your Taxes?
Spring has truly sprung, and also did you know that we’re two weeks away from the tax deadline?
So yes — we’re focused. Which is why we’ll be talking about extensions today.
Passing the national deadline day (which,...