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Results (246)
Rich Weese received a PM from a member that made me think back. Please share your experiences here.
16 February 2012 | 30 replies

I received a PM from a colleague. I hadn't seen him on here for awhile. He was asking for my book, and I told him I had run out and would eventually be putting it on line as an E-book. Then , he told me he had lost hi...

Steve M. Duplex Rental Fire - Likely Total Loss
8 October 2012 | 7 replies

Hey Guys ...

Hope all is well! I don't post as often anymore, but I still lurk and read quite a bit. Anyways, received word this morning that my Duplex Rental House had a fire last night. Later learned this aftern...

Account Closed Is your real estate investing activity a "trade or business" or an investment activity?
2 January 2012 | 29 replies

I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.

Investors that are wholesaling and flipping are typically in the business of re...

Edward Thornton Seller Financing
9 November 2015 | 17 replies

I have been trying to keep my ears and eyes open for any seller financing deals in my area. I would like to get a seller finance under contract then wholesale the deal. I am hoping that this can be a quick way to move...

Sandy Uhlmann Do I need a 1-800 number if I plan to work out my own notes?
7 October 2015 | 19 replies

I recently purchased some non-performing notes.  I was wondering if a 1-800 number was an absolute requirement or if I can just have a dedicated phone number for borrower contact?  Of course, I recognize that the 1-80...

Justin Glass Carrying the note
15 September 2013 | 14 replies

Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...

M Marchand Nightmare experience with Brian Gibbons whom I hired as a coach
6 March 2019 | 17 replies

I am posting this to save anyone else from the hellish experience I had with Brian Gibbons. I am re-disputing it because while American Express was in my favor they said that 'stripe' the payment processor was not and...

Greg R. Guidance for a newbie please!
28 October 2019 | 46 replies

Hi all, brand new, zero deals, but motivated - hoping someone with more knowledge that I have can give suggestions on how I should start out in REI given my specifics. In the absence of a mentor, and getting bogged do...

Bill Gulley LLC Minutes & Maintenance Issues
13 January 2017 | 13 replies

A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.

Not only do members need to have an Operating Agreement but the corporation needs to be maintained.

Min...

Jason Hardin Business or not
18 July 2016 | 26 replies

I'm a little confused on the whole "should I start an LLC or a business in any form" topic. A lot of people on here say to not start a business right off the bat but then a lot of the information pertains to having a ...