Brandon Rauscher
Seller financing questions
I have a home owner that would like to sell me a property via seller financing in IL. I'm coming across some difficulties structuring the deal specific to IL laws. Can anyone lend a hand?
Matthew Gundersen
Questions! I'm About to Make my First Offer
Good morning everyone,I am getting ready to make my first offer on a property. I have been reading articles for a long while now and toying around with numbers on my Spreadsheet about potential properties. I have fina...
Marty Summers
Purchased Duplex- Do I have tenants sign new lease?
We just purchased a duplex. I will be reaching out to tenants tomorrow. I was going through the existing lease agreement and I see that it seems appropriate that I change the new Owner name to our LLC and have the t...
Victoria Sanders
Can I get anARV Loan in CA? Really with no money down at 65% ARV?
I need an ARV loan for a property in the Los Angeles CA area. The only thing is the person selling the property is requiring loan approval/proof of funds.Is there anyone out there?Thank you!
Przemyslaw Krol
Land flipping, Making offers in direct mail.
Anybody uses the Jack Bosch method of making offer only after the initial contact? Since I am new to this and experimenting with the Land Geek method, I wonder how many potential sellers I discourage from calling me b...
Justin Berman
Condo Owner Financing Letter Input
Hello everyone, I am finally ready to make the jump into the real estate game!Some background info, I am Pediatric Dentist who finished school around August of last year. Currently I live out in the Valley of Southern...
Sandy Uhlmann
Does a non-performing note have to be with a servicer?
Do all non-performing notes have to be boarded with a servicer BEFORE they are worked out? The non-performing notes have some of the highest monthly fees. (usually around $30/month) For non-performing loans which ma...
Jon Loca
Tax Question in regards to property Improvements
I have a rental property that I purchased in October 2015. I have been and continue to rehab it, in other words I've never tried to rent the property. My question is if I can take my improvements and maintenance costs...
Ryan Moore
I pulled IRA funds for RE transaction, 60 days up in 2019.....
End of November, I withdrew money from my IRA to fund a real estate transaction. I was informed that I can withdraw funds from my IRA once per year and not be taxed/penalized as long as it gets back into the IRA wit...
Account Closed
Speaking with Direct Mail Property Owners
I figured I would get a number of not-so-pleasant calls from property owners. However, I just received a call where I could tell the owner was upset that I sent him a letter. He asked for my last name - "since you kno...