David Krulac
92% of ALL Real Estate Investors only own 1 or 2 properties...
according to a book that I just read.A number of years ago I went to a big real estate investors convention with 1,500 attendees; there they did a survey and about 1/3 didn't own any real estate, about 1/3 only owned ...
Bryan Hancock
New Finder Rules Being Pushed-For
Some of the CFIRA folks and a handful of others appear to be pushing hard for clarity and a modification of current "finder" laws for finding accredited investors. Check out this link:Finder Overhaul?THE COMMITTEE RE...
Mike Hicks
Would it be smart (or possible) to purchase your own home under your company?
I'm still in the process of doing research, if this has been discussed or is a blog post somewhere please point me in the right direction.
I want to purchase property by august, either to live in or to invest with (d...
Melissa K.
Dealer License
I live in FL. I understand that if you buy and sell more than one mobile home a year you need a dealer's license. I have been reading over the requirements. It seems pretty simple, however, it does say that I need ...
Matthew J. T.
Putting contract under your name or under business name?
Does it make a difference if I put my name as the buyer in a purchase and sale agreement, or is it better to use your business's name when putting something under contract? I don't know if it matters, but I thought I ...
Mike Prisco
Using Flipping income to improve DTI
Hi all, just a question I have that I've been having trouble finding an answer to. I have flipped 8 houses typically going at a rate of 1 per year with a very good return since I do a lot of the work myself. I have ...
Matt Brown
Taxes of flippin' a property
I'm more interested in holding out and renting out a property than I am flipping one, but if I did find one for a good enough deal and managed to get rid of it fairly quickly, what are the taxes like?
I suppose there...
Stryker Brown
MHP Turnaround - Itemized Costs
I am currently underwriting a deal I’m looking at and need some guidance on what specific items/work is going to cost. Obviously this is different everywhere but rough estimates and ranges are welcome. It’s a 20+ unit...
Mike Dymski
monetized installment sale
I am considering a monetized installment sale and would be grateful to connect with anyone who has done one before. This is a difficult transaction to get comfortable with and not a widely known strategy.For those no...
Corey Young
LLC v. Soul Proprietorship
I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...