Kurt Granroth
CPA/Tax Pro good at explaining esoteric taxes?
I'm looking for a tax wonk (CPA or tax pro), of sorts, that can satisfactorily explain a possibly esoteric tax situation to me.
I am an LP on multiple syndications and one such syndication sold in 2021. The K-1 was...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Layton Erickson
My Grand Forks Real Estate Wholesale Deals
Hello, Here is another deal and this wasn't your typical wholesale deal. I received a call from a seller in their mid 80's in October. I along with my partner toured the property, (my partner is an experienced flipper...
Joshua Carter
Inspection on Property w/ All Utilities Shut Off
Seeking info/advice around making an offer on my first investment property....I'm working to get an offer accepted on my first investment property (BRRR on a triplex on a double lot in my local market). The seller are...
Jacob Fussell
Wholesaling Unethical? Why or why not?
I’ve wanted to start a flipping business but I know that limiting myself to only flips locally won’t be as easy to scale unless I include wholesaling abroad. Although I struggle with starting because I’m unsure of whe...
Gurjot Grewal
About to close on my first deal. Just had a sewer scope done. Is this a concern ?
77 feet, cast iron and clay pipe. Home is built in 1952 on a slab. Findings are "Typical Root Intrusion", "Openings or inconsistencies noted in sewer line, signs of settling" recommendations are regular inspection and...
Eric Imhof
Seller Finance 0% Rate Question
I'm currently working on getting a triplex deal across the finish line. Seller wants to do owner finance, and has given me discretion on terms. All I need to do is have a final number that totals $550k (a high price f...
Rigo V.
Cold Calling to find motivated sellers. Does it work?
I just started a mailing in PA but also wanted to sign up to a cold calling service to find motivated sellers. The list they use is for absentee and owner occupied properties in the area. They sent me some of their re...
William Smiley
Business Line Of Credit
Hello,
My wife and I have recently purchased our first property, and started our LLC. We have been using our own money to upgrade the property to increase its value. But this limits the amount we can put toward purc...
Scot Howat
Wrap help
Seller has a mortgage for 125k and wants at least 25k cash as a downpayment. If I give her 25k down and take over the mortgage of 125k then our purchase contract should be for 150k, right (125 + 25)??? Also, how wi...