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Hi, I've been reading and studying R.E. investing for some years now and I'm having a hard time pulling that trigger and getting that first wholesale deal under my belt. I spend a lot of time and late hours at work b...
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Guys,Just a heads up, if your town or city is starting to get too aggressive with any of its fees for registering rental units or charging excessive rental license fees, let me know. I recently won a class action suit...
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Why someone buy a debt to the Condominium in auction, there were an auction that 3rd 3rd Party Bidder bought a debt of (Final Judgment Amount) 6000$.
Auction Type: FORECLOSURE
Case #: CACE-11-005183
Final Judgment...
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Hi Everyone, I live in Chicago north suburb with a full-time engineer job. I bought several properties(single family,townhouse,condo etc) around my area 4~5 years ago when deal was everywhere. Since then, I did not d...
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Reading through some of the discussions, I'm seeing a lot of mixed views on wether or not an LLC is necessary for wholesaling. As I enter the final stages of preparation, my initial plan was to just create an LLC righ...
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In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
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Just on news reports. Wikileaks is at war with B of A and going to release thousands of pages of bad info. Wiki is warning customers to move their money.
1. Anyone worried?
2. Could the info cause a run on bank and p...
Hello everyone,We need help ASAP! Wife and I are supposed to be closing on a house 6/4 here in Frisco TX. We are the buyers and it is being sold by a relocation company. We just got offered a dream job that would move...
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Seeking for legal advice. My friend (let's call him Jimmy) had recently made an offer to a condo in CA, and the appraiser came way below the listed price (approx 30k). The seller wasn't willing to go down in his pri...
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OK guys so the plan for me seems to come in bits and pieces. I wanted to get some input and advice on what you guys think about my plan. Keep in mind that this is not a "business plan" or even remotely close. My Story...