Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Hi everyone,I took a real estate class and my instructor mentioned he hates having his information in there so he has it in a trust to prevent people from figuring out what properties he has or information in general....
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
Hi all,I'm committed to start a career as a real estate investor so i'm working on getting myself educated by reading books, blogs, podcasts, asset protection, analyzing properties in the Dallas-Fort Worth Metroplex ...
Hi,I want to understand what happens if a REIT pays 8% dividend, but then its price drops by 15% in the same year, because its traded on public exchange?This is not a fictional scenario. These are Starwood (STWD) numb...
Hi Everyone,This will be my first rental property, investing 35k for a 1k/month rental income. Please help guide me on the following questions1. I will buy cash, and plan to refinance as early as possible. Should I b...
I am selling a property I own outright. I don’t understand why an owner would consider seller financing. I can only think of reasons not to: capital gains tax, loan interest rate less than the property’s cash flow, ri...
Hi All,I've developed a relationship that may lead to a "subject to" acquisition. My plan is to flip the property and do right by the home owner, who I intend to make an equity partner in the deal. I've heard of inv...
Hi all, I have a naive question.
I'm looking at a house for sale by owner, who I know. No real estate agents on either side. Seller wants $425k, house appraised at $440k, but needs a few minor repairs. Is it possible...