First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC. She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...
I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...
This should probably be a blog post, but thought I'd throw it out here as a question.I've been busting my butt for 3 years wholesaling and I've managed to do under 10 deals in West Michigan market from 3k-5k assignmen...
Want to close more deals? Then ask for the business more. Most people, especially new wholesalers think they are the asking for the business but in reality they are not. Build up the habit of asking for the business a...
I'm sure this will get mixed reviews, but I want to see everyone's opinion on this. I am a real estate professional and my company is in the business to assist people, investors, and companies in buying and selling t...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
I currently own a town-home in a great neighborhood that I purchased back in 2020. I am looking to start my real estate investing journey and my first thought is to utilize a HELOC on my primary residence, rent it out...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...