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Is it recommended that all wholesalers get their contracts reviewed by an attorney? The cost is about $500!!!
Sean Terry and other wholesaling experts give out their contracts so isn't it pretty safe to say that t...
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I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
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Hello all. Looking for some advice as I did not find an answer to my specific situation. My parents are wanting to transfer their paid-off home into an LLC owned by their 4 adult children, me included. This was a h...
Just starting out in buying rental property, should I create a LLC because of taxes and liability?
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Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
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Hello all! Just closed on a property i will be using as a long term rental and am getting ready to rent out my condo as well (Im moving to a new condo). What should I do in regards to having both rentals in my name v...
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I am currently residing in Lincoln Nebraska on a visitor visa. I have spotted some great deals but having trouble with financing. Although I am trying to go for seller financing with some of the deals, I would like to...
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Hi all, I'm preparing to establish an LLC for my property and future properties. What are the most favorable states in which to establish the LLC. I have read Wyoming, Nevada, Montana, south Dakota and Texas for vari...
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Not really asking for advice here but did want to share a recent situation. Newer tenant who signed a non-smoking agreement when he moved in was smoking pot. Another tenant complained of the smell. I gave newer tenant...
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What should we expect tax season if we paid off investment property this year, and how can we minimize the tax bill on the income of paid off rentals?