This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...

I had a purchase contract with the Bank of America on a house.  They "cancelled" the purchase contract and told me I am not getting my deposit back.  They are not in a strong position legally, but they will likely be ...

I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...

Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...

I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...

Investment Info:

Single-family residence wholesale investment.

Purchase price: $186,000

Cash invested: $4,000

Sale price: $215,000

Purchased wholesale course for $1000. Followed course, and sent ...

So brief background. I started investing in the USA around 08.  Ended up in Memphis and with the help of a great mentor really got going in that city.   It quickly became obvious that many parts of Memphis were terrib...

The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things? 
Excerpt is taken from the article pos...

Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...