I have purchased a few properties at an auction and selling within a month at a profit using installment sale. I'm a Texas LLC setup as Real Estate Holding Company.My question is will I pay a higher tax on the sale b...
I'm 38 and own a small business and 18 units. I am at a crossroads as to what to do. When all 18 are paid off it will bring in 90-110k(after 20% off the top for main,vacancy,etc...) I can live off of that. My ...
Is Court the best route or Collections Agency? My tenants broke their lease 1 month early, damaged my property that exceeded the deposit with a grand total of $4500, including leaving me a $260 water bill. Now they b...
Has anyone used the REACT system (reverse engineered assignment of contract for terms). Its getting sold by gurus now. Didn't know if anyone knew what it referred to. How does one do a REACT deal?
I am selling a piece of vacant land in an urban area that can be used to build a single family home. I got an offer on the property, but the buyer said they could do 15% down and pay off the rest in 8 months. I am n...
Hello BPI just closed on my first SFR rental house less than a week ago. I put an ad on the popular rental sites 2 days before closing and got flooded with applicants before I could even show it. Yesterday we were clo...
I am trying to make my first offer on a property, and I want to see if the owner will possibly do a sellers finance, but I want to know some pros and cons to owner financing so I can be ready to speak with the owner s...
Hello! I own a 3-flat in Chicago and my tenant is interested in replacing the dishwasher . They are looking to service and install all himself and his defined his budget for this. I would replace myself but just added...
Our tenant just moved in 3 months ago and brought his personal/portable AC unit. It leaked water into the next unit, out to the exterior, and warped half the family room laminates, which were installed a week before h...