Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
William Silva
Getting Started in Wholesaling
Good day ladies and gentleman,I'm getting started in wholesaling and have some idea of what to do to get started but I'd like some input from someone who does 2+ deals a month.I've been told that Automate REI will be ...
Dan Dwyer
Do you need a real estate license to wholesale property in Massachusetts?
I need serious help here man! I thought I knew enough to get started in wholesaling and then today a 1/2 hour ago I just got a call back from an agent in regards to a home in Acushnet that I called about. Everything s...
Bill Gulley
How To Structure a Subject-To Transaction
Okay, when you do a subject-to transaction, do you have the seller secured in the transaction or do you leave them hanging out there?
How do you secure the seller who takes back no equity?
You give them...
Robert Steele
Is the market drowning in newbies?
I have been getting the impression over the past two years that more and more people are entering the world of REI.
When I started a decade ago I was somewhat of a pariah amongst friends, family and work colleges. No...
Brandon Handel
Is it stupid to have my name in my LLC?
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
Jaxi West
Promissory Note or Deed of Trust - which is better to sign?
Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...
David Weiss
Sub2 + Wrap = Good Idea?
I have a question for investors who are experienced in both "Subject To" and "Wraparound Mortgage" deals.
I have a guy who wants to mentor me in the following investing strategy:
- Put a house under contract for a ...
Mark Smith
Should I Kill My 401k?
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...