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I am planning to open a Checkbook Self-Directed IRA LLC through a custodian that supports these accounts. I understand that you also need to obtain an EIN for the purpose of opening a bank account in the LLC's name, ...
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I am a Real Estate agent and my partner is a contractor. we are going to form an LLC to do flipping. I will provide all the downpayment $$ and make the deals with lenders, find the properties as well as market them wh...
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Aloha all,I’m currently getting into the real estate world and have come across someone who has requested my help with her problem. Naturally I want to help everyone I can as that’s how I feel we truly become successf...
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Hello, I would like to know the best strategy for someone who earns $23/hr in Illinois. Thank You!
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I watch the other flippers in my market and it seems like fridges and washer/dryers are not always standard equipment. When selling a house, we have always included all the appliances to make it as move in ready as p...
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Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...
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Good Morning:
I am currently making an offer on an apartment building (this is my first rodeo) and one of the items (for due diligence purposes) that we seek from the seller (current landlord) is their tenant ledger....
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I was wondering how you would go about finding out how much (in percentage terms) the operating expenses are on a property without owning it aka when looking for properties to purchaseBecause of course if I already ow...
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I would like to 1031 out of an investment building that I have owned for several years and exchange into new construction buildings on raw land that I already own (paid cash for land a few months ago and construction ...
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When you wholesale, how do you verify proof of funds exactly? Is there something you need to do, or does the title company do it?