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Hi All,Many years ago when I first started rehabbing and wholesaling, my CPA told me that the S Corp. was the best option for my business entity. I went with his recommendation, but now it seems like everyone I see in...
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Hi everyone,
I am seeing posts that talk about the legal members of a team. There are several companies out there offering a monthly payment plan to have access to legal counsel. My understanding is that yo...
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I thought I would share this, as I've seen a lot of posts recently about how to start a property management company. As a 20-year industry veteran, I still see most sales agents fail to understand what I do (typicall...
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This is a bit complicated (or maybe I am making it that way), but here goes.I hired a contractor, after vetting her and seeing her work. We signed a contract with a few specifics in it that are applicable. First, that...
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Hello all, just wondering if you can use a personal loan for the 20% down payment on investment property. I've heard that if you let loan money sit in an account for a little while then this is possible.
Hello all..I have two eviction scenarios. I know you guys can't provide legal advice. I'm just looking to see what others have done.1) The first tenant is in rehab and I followed the Notice to quit, had the hearing an...
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Hi- I need advice from anyone who has any Mobile Home (MH) experience. I'm a lender to a mobile home owner whose MH is residing in a private MH park. The owner has defaulted on his loan already with me and is also not...
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In full disclosure, I AM a licensed RE agent.
But as an Investor, I have asked myself that question. And I say: it depends.
Most good agents build relationships with their clients. And most good agents are resources...
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Welcome to winter. The Northeastern Ohio (Cleveland & Lake Erie) winters can be somewhat harsh. Today we are looking at 28 F, but by the first week of December, it can often dip into the teens, or even single di...
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I'm planning to set up a Solo 401K, but I'm having trouble finding information about married couples with Solo 401K's. Should my wife and I have separate Solo 401K's? Can one Solo 401K be shared between spouses (bot...