Ramon DeLeon
Real Estate IRA - Asset Protection
My real estate IRA (PENSCO TRUST) owns seven properties between Sacramento & Redding CA. I'm wondering what options I have to minimize the liability of one property from other properties. Can I LLC those propert...
Dan Ossman
New Builds Through Direct Mail
I was wondering if anyone has experience in finding potential new build clients with direct mail marketing? If so, what criteria has worked? For example, we were thinking of pulling a list with people over age 55, tha...
Andre Scott
JUST CLOSED A REO FLIP!!
Just closed a reo flip and profited 64K in 90 days due to the FHA seasoning! :D
Jeff Tang
What's a fair split in this type of partnership?
I have an investor/agent that would like to partner up and utilize my good credit to purchase a flip. Property would be around $500K, with ARV between $700K-$800K. He is proposing to provide the down payment, rehab ...
Scott Freer
Financing
First deal investor here. I have found many REO listings I like but by the time I get to see them all and make an assessment, they are gone. I have an 800 FICO and I have been researching real estate in my area fo...
Gary Li
LLC Entity, TAX, Licenses and others
I am new here, and just start Housband and Wife two members LLC in CA to manage my own rental properties, I have 4 single family rental properties in CA, I want to long-term hold them, rental net income will not excee...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Lucas A Riemens
Creating a secondary business
I am considering forming an LLC for landscaping and a second for construction. The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...
Bernie Huckestein
Private money and BRRR
Some years back I knew a private money lender who would work the following way:If and investor found a house which would make a good flip the private money guy would actually purchase the house himself as well as prov...
Eden Solomon
Vacant Duplex in a neighborhood
Hello: I need some guidance. I trust this community in providing me with some sound advice. I know that there is a duplex in a well established affluent university neighborhood that is vacant. The city has signs on bo...