If you’re in the fix-and-flip game, you know that securing the right funding can make or break your project. What are some of the hurdles you’re facing when it comes to financing your flips? Is it the high upfront cos...
Is it customary for a property mgr to request a new tenant provide soc sec cards, birth certificates for all tenants on the lease along with recent tax returns & paystubs?
Given issues around identity theft, the...
Back in 1985 when I wrote, 121 Real Estate T.I.P.S., seasoned investors use this technique quite regularly to quickly acquire property and build their portfolio of properties.
Creating paper (a mortgage and a...
Hello:
I have 2 situations that I have not been able to find answers to (at least to my satisfaction that they are correct). One is very rare and crazy, but the other I am sure has happened to someone out the...
When you wholesale houses, do you have to pay short-term capital gains for each deal?
I wasn't sure how this worked.
Has anyone ever obtained a secured loan from a bank using a pool of Louisiana Tax Liens (Tax Sale Certificates) as collateral? If so, could you please share the bank contact person and/or attorney who created the ent...
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
I am closing a wholesale in Pennsylvania (PA LLC), I have W2 income from Maryland, and I plan on moving to Missouri before I file taxes (FHA 4-plex). I am looking for the best way to file taxes for my LLC, should I fi...
I own several rental properties and tenants have given me 1st months and security deposit when they have moved in, I now am holding a lot of security deposits that have amounted to a good amount of casht, I understand...