Sunil Sharma
Purchasing property on auction.com - is title insurance necessary
Hello Forum,I recently purchased a property on auction.com that is classified as occupied. Since this is an auction property, seller is not paying for closing and hence I have to pay for the title insurance. Is it rea...
Maxwell Jacas
Property Mgmt experience necessary for first investment loan?....
Ive been reading some information that says banks want you to have Property mgmt. experience before they will give you a loan for your first investment home.is this true? If so, that would be a big deterrent.Does 2 ye...
Alix Cassagnol
Is a gas meter necessary for an appraisal?
I am I. The process of getting an appraisal done Saturday however the gas meter will take 2 months to be installed. Should I wait or do the appraisal?
Shanae Williams
Is it necessary to take an appraisal class ?
I’m a beginner investor, I came across a appraisal class starting in March and I thought it would help me analyze & calculate the deal better. Do I need to ? Is there a book that shows how to the math behind an of...
John Clare
What contracts are necessary for owner financing deal?
As the subject suggests, I'd like to know what contracts are necessary for an owner financed fix/flip deal? Let me outline the situation.I'm buying a fixer upper from a distressed seller in the state of North Carolina...
Lucas Fridriksson
First Time Flip - Is a Marketing Campaign Necessary?
Hey everybody,I am in works to jump into my first flip. My goal is to flip one property, sell it and then seek a new project. I am hoping to complete three flips before May 2018. I am somewhat near San Francisco where...
Alex Witte
Private Money - Necessary Paperwork? How to Present it?
Hello Everyone!When presenting the idea to family & friends about them lending their money to you to invest into real estate how do you do it?Do you have a pre-drafted contract that shows what guaranteed money the...
Nghi Le
Is S-Election Necessary for High W2 Salary
I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips. However, I've heard that you only need to pay high SE taxes up to $130k. If my W2 Salary is $130k+, then my ...
Rachel Zhang
litigation necessary? cloud on title caused by bank
I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
Lane Mcdonald
Necessary to have someone else do the accounting?
I'm just starting out, about to close on my first deal. Wondering if it's necessary to have a professional to the accounting work as to not mess it up for tax reasons. Or is it manageable by the owner and not worth it...