Tanya Solomon
Should I take my home off the market? NorCal Coast area.
Bear with me. This is my 1st time posting here and want to give enough info to accurately depict the scenario I am asking for advice on. Sorry if some of this is TMIIn a nutshell, We own an adorable 3/2 about 1400 sq ...
Corey Reyment
LLC
Do we need to hire an attorney or could we do it ourselves? What are normal costs to set up an LLC? Here is what they sent us. Any recommendations?"The $1,275 Two Member LLC flat fee we discussed includes the creation...
Roy C.
Would you invest in 401k instead of invest in real estate?
Assuming you have a corporate job with employer matching 401k, would you save money for down payment for real estate investment or would you invest in 401k?I understand this question can be answered differently depend...
Stephen Kleyn
Commercial real estate mentor. Is 50% until $500k a normal cost?
Hi there,I am persuing cashflow through multifamily real estate investing. After a lot of study I believe that having a mentor is my best option to get started.At the moment I have found a mentor that charges 50% spli...
Dean Deimler
Advice on Cashout Refi or HELOC fees - Harrisburg PA
Bank quoted me 7K for refinance costs which seems high?? Would prefer a HELOC as I do not need the cash at the moment but have been unable to find a lender to do this. What are normal costs associated with doing a c...
Tom R.
Do you refund background check costs?
My first tenant would like a roommate. The roommate she has chosen asked if I would reimburse him the cost of the credit /background check. Is this something that is normally done? I used a property manager to find th...
Jeremy Davis
rehab estimating software
Just curious if anyone uses a software the estimates the repairs for a rehab. I was at a seminar this past week for flipping houses and they gave us a preview of the software they use. Basically it was a break down...
Wendell Raboteau
Starting a LLC in a Different State Than I Live
I live in Virginia and want to form an LLC in Nevada. Do you have to form your LLC a certain way to be able to file as an S-Corp?
Brad Henson
First deal fell through - what expenses can I deduct from taxes?
Hi All,I was under contract for my first property, but it ended up not appraising, so we backed out. This property was located in Michigan (I'm in CA). I spent $525 on the inspector. In addition, I spent $400 on a fli...
Bienes Raices
EPA Lead Paint certified -- added costs for job?
I'm in kind of a bind and had to get a contractor who's not Lead Certified yet to provide an written estimate for mold remediation to the bank by a deadline at the very last minute (don't ask!). I was wondering if any...