Dawn Bender
IRS LIEN AND NOTIFICATION
I'm currently into my 3rd month of trying to buy a REO house here in the FL Keys. I have every thing in place including appraisal, insurance, loan and survey. Title company has discovered an IRS lien and bank was nev...
Michael Plaks
Are RE investors eligible for PPP grants and EIDL loans?
Below is my unsuccessful attempt to understand SBA rules - an area new to me, so I have an excuse.
PART 1 - FLIPPING and SBA
I was prompted to look into this after one of our clients, a flipper, showed us an interes...
Nicholas Armstrong
Roth IRA option to flip houses
Hello everyone,I was just going to see how many of you have done a Roth IRA option to flip houses?I've heard this is a great way to expedite the growth of your retirement account but I'm wondering how to technically d...
Aaron K.
Question about how property managers collect rent - who's bank account?
I'm hiring a property manager for two properties I own. I assumed that we'd set him up as a co-signer on my business bank account, the business that owns the property. This way we could run all transactions through...
George Frye
Commercial Note Investors
Are there any active commercial note investors in here? I have a few questions about them?
Tomas A.
Do proceeds from owner financed home get reported to SSI
Hello,I am currently working with a seller who owns her home free and clear. She wants to sell her house but she is nervous that once she sells the home the income will be reported to social security and the income s...
David Wilkinson
Robert Shemin's coaching program
Hi, Has anybody heard about Robert Shemin and his coaching program? There is not much information or review on the internet.My friend attended his "three day wealth academy" in San Francisco over the weekend. They wor...
Mysonne Johnson
How do you feel about 401K/IRAS for funding?
I have to do more information on this topic but have any of you investors use this technique to fund one of your deals? Brief summary what I know on it. So basically you use someone’s 401K plan and IRA to fund you dea...
Keegan Darby
Workaround for 3% down payment
We are selling a home to a buyer who has qualified for the loan (FHA) but doesn’t have the required 3% down payment.
Apparently the only work around is that they have a gift of the 3% from a family member to then cl...
Derek Morrison
Contractors and 1099s
First time landlord/self-property manager here, what are my responsibilities when it comes to hiring contractors and giving/ asking for 1099s? Do i give them or does the contractor give it to me? Is it only for work o...