Want to learn how to quit your job with real estate? Many people think you need to replace your entire salary with rentals, but that’s not the case. What if you could earn enough passive income from real estate and su...
Making a $300,000 profit from ONE rental?! Imagine how quickly you could reach financial freedom by raking in this amount of profit and reinvesting it into your real estate portfolio. There’s an investing strategy tha...
Can you invest in real estate with just $75,000? And not only invest but can you find cash-flowing rentals in solid markets with long-term profit potential without spending six figures? Yes, to both. Today, we’re prov...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
Levy Riley
Compensate realtor for MLS listing
What is a good way to compensate a realtor who finds cash buyers for you through MLS? I have a friend that is a realtor and would like to compensate her for helping me. Also, how do we use realtors in a wholesale tran...
Amanda G.
K-1 help needed on mortgage note
I sold a property with a partner with owner financing, and I need help figuring out the K-1 for our LLC. This is the only asset we have in the LLC, what kind of income are the mortgage payments? how do I record the va...
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Essential REO questions to ask
Hi,
What are the types of questions I would ask when talking to a bank or lender or anyone with REO's for sale?
Thanks
Lehua
Rehaan Khan
Creative ways to fund renovations?
I’m buying a fixer upper with all cash. I’m looking for capital to renovate it & relist it back on the market for a profit. I’d like to avoid any interest bearing loans. I’m more interested in joint ventures, sell...
Aaron Smart
Friend Soon to be Foreclosed on
I have a friend who has lived in his house since August 2008 without making a single payment. I know he will be foreclosed on at the beginning of next year. This house will need significant rehab. Is there any steps ...
Tim Daunch
How to record a sales price of $10
I am flipping houses. I'm running into potential buyers challenging me with "I know what you paid so I'm only willing to pay "$X". In Ohio, the recorded purchase price comes from the purchase price listed on the HUD-...