Juan Perez
Forming an LLC in Houston TX
Just a little lost on how to form a sole proprietorship LLC in Texas, wondering if someone knows the cost and some basic knowledge on how to start with this? New at investing and everyday seems I find something new an...
James B.
My first fix and flip in Alabama
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $4,065
Cash invested: $54,000
Sale price: $3,500
Got a great deal on a Tax Deed. Got title to the house from p...
Boris Le
Business type for owner occupied rental property in Illinois?
Does anyone have suggestions of best business type for owner occupied rental building in Illinois? Like S Corp, LLC, etc. I would like to protect myself in case of any legal issues and/or have a business deduction fro...
Elena Pech
What are the rules of funds redemption after foreclosure auction?
I found an attractive multifamily property going for foreclosure.
Property assessment price is around 1M. Unpaid mortgage on this house is about 500K.
In one of the adds about the upcoming auction I found a note:
...
Abdenour Achab
How would you reach the homeowner or resident in these situations?
I live in California, and own six tax liens in Arizona for which the redemption period has expired. I mailed out the 30 day notice to start foreclosure on five of them over the last two weeks.
One of the properties i...
Account Closed
how do I speak "lawyer?" to get an owner finance contract
I have a lady highly motivated to get her own place, however, she is disabled and lives off a tiny check. She came to me saying she desperately wants to own her own house but can only pay less than $100/mo and she let...
Jason Wutzke
Who Should Create My LLC and How Much Should I Pay
I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...
Clarence Adams
Tax Deed Mobile, Al.
Hi All,I am new to property investments. I recently purchased a tax deed from the state of Alabama. The property has 4 houses all with separate addresses on the lot, and all of the homes are occupied. I have no clue o...
James B.
My first fix and flip in Alabama
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $4,065
Cash invested: $54,000
Sale price: $3,500
So, learning a lesson here. Got a great deal on a Tax Deed. Go...
Andres Manco
Need partnership advice on a flip
My wife and I are going to partner 50/50 with our friend in our first Fix and Flip deal.We are financing the loan, so down payment and closing cost will come from our end.Our friend is a contractor and is taking care ...