Vu T.
Out of state LLC licenses to operate in NV
Hi guys,I'm forming an LLC in CA. Do I and what kind of business licenses would I need to operate renting property in Nevada, mainly Reno area? Searching the net reveals conflicting info. Some say I don't need anyt...
Kimberly Weatherford
"As-Is" listing negotiations
Hello!We're trying to purchase our second rental property. It is two homes on one piece of land and sold "as-is", which we understood to mean the seller would make no repairs. It appeared to be in good condition but w...
Todd Merry
How do you gather more properties?
I have a Single-family and a Fourplex that are rented out. Between the two I'm positive, but not by a huge margin. How do most of you gather more properties without having a huge cashflow? Maybe start a business?
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
Marcus Johnson
What happened to the 2% rule
Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner. Then more recently it was lowered to the 1% rule. Now the current staff are promoting around .8%. So interesti...
Paul Theriault
What course do you recommend for learning about wholesaling?
I'd like to learn about wholesaling including: Autopilot, Finding buyers, and finding good deals. I watched a video from Chris Chico and almost purchased his course but found it very expensive for $800.00. I decide...
Lupe Santiago
Making a loan secured by real property without a broker (I have the money to lend)
Hello - I was looking through Craigslist and came across a Borrower who needed to borrow about 2/3rd the purchase price for a property, which is in Las Vegas, Nevada. I like the property and the loan to value... the q...
John Bagwell
Legal Issues Concerning Note Finding
To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
Bo Qosja
when can i use 1031 exchange -need advice
hi - purchased my property in January 28th and just sold it and signed the contract on 10/21. Just spoke to a 1031 exchange lawyer and he said that this is not a good scenario and I cant do a 1031 exchange, that i di...
Jake Sklanka
Are EOY Charitable donations from S Corp tax deductible?
Hello BP Community,I recently set up an S Corp for my RE business (Colorado RE Broker) at my CPA's direction. He's been out of office for the past few weeks and I want know if there's anything else I need to do before...