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Has anyone had experience with making offers on commercial property with the contingency to find a lessee before purchase is required?The situation is I have an interested party in leasing a commercial building for sa...
How soon can I use the appraised value of a property that was purchased for cash instead of the purchase price? I've been told that I can use the appraised value after 12 months of ownership. Otherwise, any loan I'l...
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Brand new to RE investing...I bought two 6 bedroom SF houses that were set up for student rental housing in June. Tenants for this academic year move in Sept 1st. A couple of students asked to move in a few days ear...
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I am in North Carolina. I have a chance to purchase a property at 50% of current tax value. Both the owner and I agree that the value it is way to high based on recent comps in the area. Is the county under any obliga...
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The Limited Liability Company (LLC) is a terrific tax entity. The number one reason is its flexibility. Specifically, an LLC can be taxed as:
- a sole proprietorship
- a partnership
- a C corporation
- an S corporati...
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So long story short I have a friend in Florida that is selling his house. They signed the contract for it 4 days ago, but yesterday his wife was put on bed rest for the next few months. So they will not be able to mov...
I have a decent buyers list and am currently wholesaling about 1 property per month. I spend about 5K per month finding deals. What strategies do some of you guys use to find deals?
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I am really interested in becoming a bird dog but I want to know how effective it is. It seems that direct mail is the most popular way for wholesalers to find deals. Can anyone share their breakdown of deals by prosp...
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What is your most effective and favorite way to find good deals?
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Hey i downloaded one of the contracts from the file place and I'm in the process of going over it to change little things. I have yet to do a deal yet so getting my contract right would go a long way as far as me bein...