Sam T.
Cash Flow VS. Appreciation
I currently purchased all of my portfolio geared towards cash flow. I keep reading that its better to buy for appreciation then it is for cash flow only. The area that I am renting in are c-d neighborhoods and I can...
Adam Jernow
Tax Lien Investing- REO? What does a bank owner really mean?
Hi All:I'm looking over a list of tax liens for sale and seeing that plenty of the properties are listed as owned by various banks including FNMA. Does that pretty much mean that these are REO properties? This is not ...
Shin Bo
Simple tenant credit check website?
Hello everyone,Does anybody have a recommendation of a reputable credit check website where I can simply enter in the information and pay for it without adding a bunch of properties and rent collection features? Like ...
Rene Vergara
25% income taxes for rents in Jalisco
Hi I'm still learning the real esta laws here in Jalisco. But I have gotten many conflicting answers on one point. My accountant told me that all rent income I get I have to immediately give 25% to Secretaría de Hacie...
Johann Jells
Do you pay employment verification services?
I've managed my own properties, run my own credit checks via MrLandlord.com and done my own due diligence for a couple of decades, but now I'm running into these employment verification services that require a payment...
Account Closed
California Withholding Tax
How do people who flip homes in California get away from the 3 1/2 percent Ca witholding tax
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Mortgage Fraud question
Hello,
I haven't posted before but read the boards a lot. I have a question that I am sure someone has the answer to.
I am new to REI and met another local investor who I am pretty sure took me for a ride. I made a...
Omer H.
Impossible to change method of acquisition when under contract?
Hello BP! My business partner is currently under contract on a property using a loan from a portfolio lender. However, an opportunity has come up where the seller may agree to let my partner "assume" her existing mort...
Yannick W.
Rich Dad Residential Mutli-Unit Formula
What do you all think of the formula provided by Rich Dad for analyzing and valuing Residential Multi-Unit investment properties?Yearly Gross Rent x 7 (+ / - 10%) = Max Allowable OfferThe premise is that these propert...
Terry Eibeck
Zombie Mortgage Advice...
I've found a vacant property I'm interested in acquiring. I've been able to track down the owner of record who informs me that the property was surrendered back to the Lender (Wells Fargo) via a personal bankruptcy an...