Had a chat with seller a couple of days ago. We went around the property and he told/showed me everything he had done since he intended to stay in the house. The right side of the house has foundation repaired, from f...

Hello folks, My wife and I bought a warehouse. We created a LLC whose sole purpose is to own/operate this warehouse. We occupy a portion of the warehouse with our sole proprietor businesses and rent out the remainder....

Hello Forum,I recently purchased a property on auction.com that is classified as occupied. Since this is an auction property, seller is not paying for closing and hence I have to pay for the title insurance. Is it rea...

Ive been reading some information that says banks want you to have Property mgmt. experience before they will give you a loan for your first investment home.is this true? If so, that would be a big deterrent.Does 2 ye...

I am I. The process of getting an appraisal done Saturday however the gas meter will take 2 months to be installed. Should I wait or do the appraisal?

I’m a beginner investor, I came across a appraisal class starting in March and I thought it would help me analyze & calculate the deal better. Do I need to ? Is there a book that shows how to the math behind an of...

As the subject suggests, I'd like to know what contracts are necessary for an owner financed fix/flip deal? Let me outline the situation.I'm buying a fixer upper from a distressed seller in the state of North Carolina...

Hey everybody,I am in works to jump into my first flip. My goal is to flip one property, sell it and then seek a new project. I am hoping to complete three flips before May 2018. I am somewhat near San Francisco where...

Hello Everyone!When presenting the idea to family & friends about them lending their money to you to invest into real estate how do you do it?Do you have a pre-drafted contract that shows what guaranteed money the...

I've always heard that I should use a corporation to reduce self-employment taxes while doing fix-n-flips.  However, I've heard that you only need to pay high SE taxes up to $130k.  If my W2 Salary is $130k+, then my ...