Brian Garrett
Why do investors choose LLC's over S-Corp's?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Rick Im
What to do when my agent makes a unforgivable mistake
Hello,
You won't believe this happened. Last week, HUS accepted my bid on a really good deal and I gave the earnest money in time. My agent passed the deadline of 2 business days to submit necessary documents online....
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Brad Hasseler
Where do most property managers fail?
I have been working in the automotive industry as mechanic for the last 12 years. I like what I do and I'm good at it, but it's time to get out. SO long story short I'm getting my real estate license. I'm going to b...
Matt Powell
How does having a salesperson license interfere with marketing?
Hi all. I'm new to investing, and definitely new to marketing, so I'd consider this a rookie question. I'm reading J Scott's book on flipping and am in the chapter about marketing. I plan on getting my salesperson lic...
Tim Anderson
Having a Nightmare with a Contractor
OK. I hired a guy off of craigslist to do my HVAC work, since the other estimates from actual HVAC companies were absolutely ridiculous, lowest quote was $8,500. I had him sign a contract stating that he was licensed,...
Jeremy Lee
Renting from a landlord... met prior tenant :(
Hey all,
So we are facing a big decision on whether to move into a rental or not. It's in an area we have been wanting to move, there are currently no other rentals that fit our criteria, now is a good time to move...
Bog Morgan
Realtor Isn't Being Helpful in Finding Properties
I have worked with a realtor on several deals over the past few years, including commercial properties. I told her that I am looking into flipping houses (all cash deals), and when she sends me the MLS listings she m...
Jim Stoffey
My Diary - Getting a New Jersey (and Pennsylvania) Real Estate License
Hi all!This is a very long and detailed post. Way longer than I anticipated, but I tried to answer all the questions I had prior to starting this process, which was a lot. If any of the info below is incorrect, let ...
Curtis N.
Going to jail for managing without license?
In Virginia, a property manager must have a brokers license.
What happens if your clients are okay with the fact that you don't have ANY license?
Do they throw you in jail for managing someone else's property?!
S...