Troy P.
CPA Suggested Using 2 LLCs
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Michael Wyatt
Private/HML Loan Brokering
Would love to chat with a broker - how you got into the biz, how it works, etc. I have referred many people to hard money lenders that I have worked with and had a good relationship with. This was just to be helpful...
Dawn Anastasi
Long overdue success story - BP partnership
Okay, this is going to be quite a long overdue success story, as I should have posted it months ago, but I was recently reminded of wanting to do it when I re-read @Mehran Kamari's post about his success story fro...
Dianne Pettitt
Investment in The Summit Lofts in Georgetown TX. Is this a scam?
We were called by Novak Capital Management offering us to invest a minimum of $125,000 in a development named the Summit Lofts in Georgetown TX (209 mi south of Austin. They project a profit of 200% in 3-4 years. Is...
Matt Motil
One LLC, or one for rentals and one for flipping?
I have searched for a while before posing this question, but couldn't find exactly what I was looking for.I recently put my latest flipping project under contract and have been going back and forth on whether to keep ...
David Chance
Self Directed IRA - checkbook control or not?
Looking to see what type of SDIrA others who invest in notes are using --> checkbook or custodian. I don't like all of the custodian fees, but I think it is safer (with regards to the IRS) than the checkbook.I'm ...
Jon Leidgen
One LLC for multiple properties or individual LLC’s
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
Matthew Porcaro
Closed on my first Duplex using a 203k loan! Here's my experience
Hey everyone! So yesterday was a relieving culmination of 3 months of a lot of headaches, stresses, and monotony getting this 203k loan approved; but I finally did it! I hit my goal of finding and buying an investment...
Mark Updegraff
help me explain "subject to existing financing" a realtor
Hi All,
I'm just now starting to explore the possibility of Subject to existing financing.
Can someone please help me explain this to a listing agent?
I just got off the phone with absolutely no luck. The re...
Jordin Boyd
Lease Option renewal
So I have a tenant buyer in a house right now. They are 1 year into their 2 year lease agreement and their option to purchase agreement states they can purchase any time during those 2 years. They just informed me tha...