Justin Seng
Use Sellers Title Company?
Why would a seller request to use their title company?
What harm could come of that?
Matthew J.
Tax treatment of a sale of an overseas inherited property
I inherited a foreign rental property from my parents in 2017 and started renting it out in 2018. It was empty for a year. We never lived in or visited the property. I sold it in 2020 for a loss based on the appraisal...
Rachan M.
Should I setup a LLC?
Recognizing that it won't count as legal or professional advice, can you guys share your thoughts about whether or not to setup a LLC?I'm just starting out, and I plan to buy 1 rental property (both short and long ter...
Ricardo Nieto
Multifamily cockroaches issue
We recently acquired, fumigated, and remodeled a Duplex.
The first tenant moved in, looked clean at first.
The second tenant moved in and is saying there is cockroaches in their unit.
I'm assuming the cockroach is...
Mike Ganske
Estimating Vacancy and Cap Ex Expenses
I'm looking to buy in the mid-west. Curious to see how much does everyone estimate for Vacancy and Cap Ex Expenses. I've seen quite a range when I've researched this so Id like to hear first hand how much others est...
Account Closed
Do i need to create a LLC as a Wholesaler ?
Hey guys just a quick question, my name is Sam , 23 years old and licensed real estate agent, I started reading this wholesale book, and it suggested for me to set up a LLC or S-Corp , I’m already licensed as a real e...
John Hauser
1031 question
Hey Everyone (and Bill Exeter!). Have a question about selling a rental property currently owned by me and two partners. Right now me and one of the other partners wants to buy a new rental property, and the othe...
Eric Pocker
"Company Policy" items
I am in the early stages of developing my business model/strategy and basic structure of the business. I plan to buy and hold multi family properties long term for steady cash flow and equity building.
My specific q...
Jean Bolger
1031 exchange: land contracts?
Can you do a 1031 exchange into a property you are buying through a land contract? I am asking this because (as I understand it so far) you do not actually take title to the property with a land contract until the no...
Mackenzie Wallace
LLCs and 1031
Ok so here is my question...I'm just getting started out in the idea of real estate investment and whatnot. I am only 27, a lawyer and I work a 9-5 that I like. My mother is closer to retirement age and has wanted to ...