Vladimir K.
Do you buy out of your State or in your back yard?
Now, I’m always told that RE investing works anywhere. And to some degree, that’s true. However, what is not mentioned that not ALL types of investing work anywhere.
For example, someone who wants to invest ‘SUBJEC...
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Can I sell my house to a friend and buy it back.
Thought of another question.
I've lived in my house for 3 years (California), plan on moving to another house soon and was thinking about renting this one out. If I rent it out longer than 3 years then I have to pay t...
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On short sale do you have to pay back the missed payments?
Hi All,
When I evaluate the purchase price to be negotiated with lender for a short sale, if there are 15K in missed payments do I need to make sure I put that into my calculation?
i.e. loan amount 100K missed paym...
Alex B
Agent doesn't want to accept a back up offer on a SS
Hello BP.
I found a property I'd like to buy that is a short sale. The day I was ready to make an offer I called up a listing agent and asked for offer instructions. He said the property is "gone" meaning he has a rat...
Duncan Taylor
This is Why I'm Not Jumping Back In With Both Feet --- Yet.
Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2%.
http://www.emarotta.com/should-we-wallow-in-the-rising-stock-market/
Steven J.
Vacant land purchase and then lease option it back to troubled owner
I've received a call from a tax delinquent owner with 9 acres of wooded land zoned for 1-3 res. The owner has filed for confession of judgement here in MN (meaning he can have 10 years to pay it back at 10% interes...
Lekisha Cole
Have a home to wholesale but owner owe $7000 in back taxes
I have a wholesale deal with my Aunt but she owes $7000 in back taxes on the home. The home is paid off and I wanted to know how should I let the buyer know that she owe taxes. Should I deduct the $7000 out of the sel...
Allie Bloyd
How much of your profits should you invest back in the business?
Hi Everyone,I was curious as to what you thought. How much of your profits do you invest back into the business? I read a book that says you should invest profits in 6 buckets:1. Taxes2. Growth Capital3. Directly into...
Kevin Jung
Giving loan to your LLC and paying back with business credit card
I've been thinking of creative ways to fund real estate properties and can anyone tell me if this works or not?
So I have a single member LLC. Instead of ***contributing from my personal bank account to LLC's busines...
Frank Rodriguez
Im confused on how the bank pays back the hard money lender.
How does it work? How do you get the bank to pay off the hard money lender? Also what should I worry about?