I get this question all the time....How can I save money and make sure I am the most profitable. While I can give you my speech on the importance of a good management company, making wise investments, etc I believe, i...

Hello all,After much reading (lots of BP books, etc.) - my wife and I have finally decided to get on board with REI.   We currently live in the NE (NJ) where it's almost impossible to cashflow.  We are starting to thi...

There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...

All,My property is up for a new lease and i am in the process of renting it to the next tenant. I have just screened candidates through zillow rental manager and shortlisted 2 potential renters.1) An attorney with a r...

There is a difference and a different approach that passive and active investors should take when performing due diligence. After 23 years buying and selling real estate, 18 years owning and operating a passive, turnk...

Looking for some advise or feedback from anyone that is or has done short term vacation rentals, I am working on a couple of deals that should produce a decent cash flow but would just like to hear some personal exper...

I know that directly asking for mentors on here isn't allowed so I decided to just call some local real estate companies near where I live and asked if anyone wanted free labor. It took about 15 calls but someone even...

Hi All,I had someone PM me and ask for steps to setting up an investor/PML scenario between him and a family member. I decided to put my response up here in case there was some value for someone else.  Remember, PMLs ...

Hello everyone, I'm an agent representing the buying side of my client. Is a house from an auction website called Hubzu. We won the action, a purchase and sale agreement was signed and the buyer decided to choose a lo...

I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable...