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So i've met a real Estate broker here in MN who owns a real estate company in Woodbury, and i was told that Wholesaling in Real Estate in Minnesota is illegal and i can get finned, can trialed. I'm a Junior in college...
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We have all seen those "I buy houses for cash" signs. Do any of you have experience with them? How have they worked?I began to think that it might be better to create a company name so that when people are ready to se...
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I just got my license recently and would rather get involved in the investment side of things. Is there any legal problems with being a RE Agent and finding motivated sellers, assigning contracts and things that go a...
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Hello guys,I've been meaning to sign up for a couple years but never pulled the trigger until now so I can ask this question.I'm a real estate wholesaler/flipper and I'm looking to scale my business. One strategy I'm ...
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Today the mail lady came to give me a certified letter. I signed for it and opened it immediately. It was a letter from Homevestor's attorney. The attorney stated that I was in violation of Unauthorized use of Int...
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Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
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Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...
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A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
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Yesterday, a wholesaler and I verbally agreed for me to buy a property from him. I understand that since it's verbal, anything can happen until we sign a contract, which is supposed to happen this evening. I underst...
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I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?