Hi all, I'm trying to get my first wholesale deal done - it's been a long process with the sellers disappearing for months on end. My attorney (first time I used him) insisted I put the "able to assign" in the contrac...
Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...
I was given a 60 day notice to move out of my rental home (be out by by Aug 31), as the owners were soming back from China and moving back in . I started moving my things over in to my new home 10 days before that dat...
I just purchased my first investment property! Finally...Well I actually don't close until this afternoon, but I went ahead and put it on Postlets yesterday and got a bite. The gentleman emailed me asking if I allow...
Has anyone come up with strategies or ideas of what they would do differently if Biden wins the election?
Will property taxes increase? Would you sell or buy properties? Hoard cash or buy assets? Borrow more or pay...
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
I bought a duplex from a local builder in New Braunfels, TX. Right before the expiration of the 1 year warranty, I hired a professional inspector to inspect the units. The inspector gave a list of items to repair. ...
I got the inspection report for a turnkey property I am considering buying. There was one item listed in the 'Major Item' section. See language below along with pictures:"Horizontal cracking on East side of basement. ...
Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...
Hey everyone,So I am about to close on my fist rentals. It's insane. I completed my first flip, it went through three potential buyers that all ended up with lending issues, and finally is just now selling a year lat...