what are the pros and con in having a real estate licence when buying and flipping and buying and renting?
For the Chicago folks. Anybody have any dealing with these guys ?Any thoughts about them...good bad or indifferent ?They are a relative unknown and appear to have a most of their branches on the south and far south si...
Should Vendors You Work With Be Licensed and Bonded?
Are there any local banks (in DFW) that lend on rental properties held inside LLC.We used to work with a mortgage banker who had to move out of DFW so looking to see if others have any contacts / recommendationsHave t...
Hi I'm Jeremy
I'm originally from California, I held a real estate agents license from 2000 - 2010 and a California general contractor license from 2002 to present. From 2002 to 2006 I built spec projects (custom ho...
I was wondering what the tax difference is between selling a home before owning it for one year or after owning it for a year.. Is there a set tax percentage rate for both?
Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
Will you do business with a wholesaler who wants 5k Ernest money check in her LLC name to lock up the deal.Never done business before with this wholesaler but the deal she brought is a sold flip with 30-35k profit
S...
Hi BP - need your help with this situation (our properties are in Houston, TX if that matters):
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property ...
Title says it all. Correct me if I'm wrong but(in Utah) on an accepted MLS offer the buyer writes an earnest money check and the check is held by the selling agent's broker's office... and only under certain condit...