Curtis H.
Should I use the funds in my HELOC before market declines?
Hello BP, I do NOT have a good feeling about the next 6-12 months in regards to money in general in the U.S. I have a feeling the dollar value will drop dramatically, stock market same, and in general I just feel a fi...
Tamarra Banks
Assignment fees and IRS- self employed,2nd income???
How do u classify your assignment fees as income? do you have an llc or get checks written in your name? Ive already had a horrible experience with IRS after winning a vacations prize not knowing it would be added as ...
Mark Redmann
Wholesaling business questions
Hey folks! I have a couple of questions regarding the business of wholesaling in Philadelphia. 1. Can I run this business out of my apartment in an apartment building? 2. Will I have to check zoning laws at all?3. ...
Deniz Eker
CD (1.6 percent for 6 months)or savings account(1.95 percent)
I am trying to save money for a few months to one year to purchase my next rental.Should I have the money locked in CD or use a savings account till then?How will the interested rates be like in near future?Any higher...
Omar Ruiz
Real Estate VS. Stock Market
WHY I LIKE REAL ESTATE OVER THE STOCK MARKETBy Omar RuizLately I’ve been contacted by stock brokers in New York and other areas, soliciting my business and recommending stocks to buy. I do own a few stocks and I’m alw...
Matthew Hammond
Bank Account Options for REI
My wife and I are working on acquiring our first rental property (Short Term Vacation Rental), and I was wondering what you recommend as far as setting up an Operating Account. I've read posts about about having an a...
Tom Capelo
Census Scam or Legit?
I want to obey the law, but I also don't want to get taken by a scammer.I got a call on my cell phone (Worry #1, how did the person know to call my cell phone about my rental property? I use a Google Voice number for ...
Adriana Rego
Seller Finance wrap around
Don’t know much on seller financing or how it’s reflected in the closing so any info even basic would be appreciated. I have a deal where it would be seller finance I’d put 25% down - on $275K with balance 30 year amo...
Amy Innocenti
Proof of funds/partner
Hey y'all. I found a property in a good location (with good appreciation). Comps are $230-$265. I'm looking at offering $167 (it's a REO). Conservative rehab estimates are $20k for rental ready, $30k to make it nicer....
Shawn Quesenberry
Financing multiple properties?
I’m getting started in investing this year I’m looking to buy my first property this year and then three next year. All under 150k my question is from what I’ve seen once you get to four mortgages it’s hard to get mor...