I have successfully managed to get two rental properties under management! (No pun intended 😃) So, my focus now has become on growing this into a full-time business. Can anyone give me some tips on how to locate frust...
Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...
I’m looking to set up an LLC to purchase out of state properties. What is the best state to form my LLC? Should I set up in my home state of California or is it worth setting up in a different state?
After the Trulia / Zillow merger announcement of a few months back, this one is easily the second most significant in real estate this year.In push to diversify, News Corp. buying Move for $950 millionWhat implication...
I wanted to post the first part to get feedback from people and the second part is my immediate action items.
Target Market: Anyone who has a house for sale, buying a house or a mortgage. LOL. I think these solu...
A BP friend and I have been talking about forming a partnership by doing a fix and flip deal together and we need some guidance. Here's the rundown:
We are splitting costs 50/50, profit share is 75/25 (he ...
Hi All,I overpaid a contractor and they have failed to perform on the contracted work. There were red flags but I had worked with this contractor before and did not have issues. I am weighing suing the contractor but ...
Hey! Thank you in advance for reading and replying! So I have, at least I thought I had my first subject to deal underway. I have a seller who has a home listed in one of the hottest up and coming neighborhoods in the...
What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...
Yesterday I walked away from a deal that I have been persuing for a month and spent about 1000 USD on. When the first disappointment had settled I felt grateful. Grateful that I had read all the books, listened to all...