We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me ...
We were interested in flipping homes from the start, but with us remodeling our own house ourselves, we just don’t want to get into flipping other properties at the moment. What is the first step in wholesaling? I’m a...
I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
Howdy folks!I have attended the Super Investors Mtg. at RCC ( Stafford/ 59 South), and although I learn some things each time I go, it's just a gigantic meeting of folks. Some are serious, many just their for the fr...
Hello all, I'll be in the Cleveland area for a few days and would like to meet some of the folks active in the market here. Perhaps I can interest you in a coffee and some interesting conversation? Just looking to mak...
This is a continued post from another discussion I had on BP which I received much assistance with.I discovered a property I bought in Las Vegas had $20,000 of plumbing problems which were not disclosed in the SPD. I ...
I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...
So here's the scenario (hope it's not too confusing):
I'm purchasing a house that's scheduled to close tomorrow. It's a regular sale (not a short sale or REO) that's been in escrow since November. I have already si...
Hi! I recently got my RE License in Washington State, currently working as an assistant under an established broker to learn the business. In the meanwhile, I decided to help some friends out with applying for rentals...
Are agents "allowed" tell an investor about a property before it hits the MLS?
It seems like a good way to find deals- but does it violate professional code/etc for real estate agents?
There are a few agents I know f...