When I originally heard of wholesaling it made me weary that in order to succeed I would need to be "shady". That's just not in my nature. After some research and understanding I see that it is a great way to help peo...
Hi everyone I had a realtor appointment set up for today to look at a house I'm looking to flip. The realtor never showed up so I called and left a message. Still have not heard from the realtor! I do real estate inve...
Why am I having a problem opening a business bank account for my vacation rental property? I have ALL required credentials, llc, business license, etc. Denied twice. I'm using my ein, it's a new business, I have no n...
Hi there, I've decided to form a corporation in CA for my real estate investing in January. I will be getting my real estate agent's license in January also, as long as all goes according to plan. I'm choosing Corp ov...
I received a precautionary PPP loan for my small business and it seems like it's causing me issues when trying to complete a cash-out refinance on one of my homes. It happened about as last minute as possible - I had ...
I recently received some advice from my tax professional that I don't need to form a LLC or any other business entity right away. Should I be worried about purchasing property in my name and should I form a business b...
I hear all the time in seminars, books, and even talking with mentors to write down my “Why”. They provide the example Darren Hardy uses of walking a plank for $20 anyone would do it easily. Then they say if the plank...
Someone is paying me a referral fee for just connecting them to a deal. I have no involvement in the deal at all, or transaction, contract, not a consultant.I set-up a quick LLC for them to pay me under, and opened a ...
Hi All,I am looking to form a single member LLC for my home flipping business but I wanted to know if I can use the same LLC for my "buy and hold/short term rental" business?
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...