I am using a Real Estate Agent to write contracts etc.. for my wholesale deals. I am wondering if anyone else questions the validity of paying the Broker Fee that seems to be on the contracts. It is $400 on the late...
I am a single member LLC, or sole proprietorship. I have purchased a home, teamed up with a GC, and will be funding the rehab. The GC (who I trust) needs a card tied to this LLC business account for material spending....
Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
Hello,
I want to address the following questions to investors who have hired property managers in the past.
1. I have heard that property managers charge fees for handling a property that goes vacant. May I ask as ...
We've been using Venmo to accept rent payments. It has its pros and cons, but one of the pros has been the lack of fees. Beginning August 2, they will start charging 1.9% for accepting rent and 1.5% for sending an ins...
I recently moved to CA, where I registered my first LLC, last December. I just found out recently that I have to pay LLC tax of $800.00. I have not even used it for anything. What Should I do?. I have not made any mon...
Hello BP!
I have my LLC registered in Oklahoma as this was the first plan I was going to do fix and flip there. However, I moved to Dallas and was wondering if I need to set up a new LLC to be registered in T...
Hello all! I was wondering if any of you have experience using a credit card processor for a short term rental business? I recently acquired a property and have friends that want to book, but really want to pay by c...
How much does it cost to get a Real Estate License?
Hello,I am new to the real estate world and have an LLC based in Utah. My accountant is completing my tax return and because we are focusing our attention on Texas (even though I haven't made any money yet) has advise...