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I plan on doing some wholesaling and not all of them will be to investors who have cash to pay an assignment fee.
Are there any solutions to collecting fees from buyers who can't afford both the fee as well as the do...
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I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
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Hello all!I have a problem that I cannot figure out a good way to solve. Whenever we have a house that comes up for rent on Zillow (or Realtor, on occasion), in short order these scammers clip our posts and put them u...
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Hello everyone,Recently rented out a San Jose SFH to a high maintenance tenant. Need some advice as to how to deal with this tenant, enforce fees for service requests, etc? Mind that this tenant has only moved in for ...
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I am in the process of selecting a name for my new LLC. I have created a Mission Statement and I was wondering what people might think of it. It reads as follows:
To buy and sell Real Estate at reduced prices, there...
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I have a 4-plex REO with an ARV of $460K, It is being purchased by me for cash of $200K, now I have a buyer willing to purchase and is pre-approved for $300K, however I may run into a seasoning issue according to my e...
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I've read quite a few posts about sub-metering water and power for a large home that was converted to multiple units. However, I feel like I may be misunderstanding how it works. I've contacted a local electrician a...
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Hi all,If anyone has any advice or can point me to someone that would be great…I have a few rental properties and I’m thinking of getting out. That means I have to deal with capital gains. I’ve heard of the followin...
Although I've had some success, I'm also not totally enthusiastic about it either. Obviously apt buildings are very management intensive and many of these owners would like out of them as they get older, but still nee...
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Hello everyone,
I am a "get to the point" type of guy so here it goes. In 2016 I bought house in Scottsdale, AZ. My first home at $300k. Credit / Income - everything was on POINT! Now it's 2020 and this 268k purchas...