Kyle Holsey
Closing Help!
Ok i have a house under contract, and i have buyer already who i am going to assign the contract to..My question is when i assign the contract to the buyer and he pays me $1000 deposit does he pay the money to my tit...
Raden Mantuano
Probate Appraised Value of Property Vs. Zillow etc..
so i had gotten in contact with an out of state owner. We have set an appointment to see the home within a few weeks when he comes in. I kept asking for a number he had in mind. but he kept saying that it depends on w...
James Teutschmann
How to Structure a Partnership
Hello,I recently just put some properties under contract with an investor. This is both of our first deal, so we are unsure as to how to structure the partnership. He supplied the funds to do a cash offer, so the prop...
Daniel Hart
If a junior lien holder forecloses and owns, how can they get 1st lien payment info?
If I own a junior lien note on a property, and I foreclose on it and take ownership, I can avoid the possibility of the lender calling the loan due.
However, without authorization or a POA from the borrower, it's n...
Henry T.
VRBO "Hyperwallet" cold chill
I'm setting up my new VRBO account, kinda having fun, then I get to the point where I must submit OK for Hyperwallet. What? A PAYPAL company yikes! Look at those vague terms! After dealing with PAYPAL for 20 years on ...
Andrew Abeyta
As a CPA, how often are you pulled into the LP Pship Agreement drafting conversation?
Typically I see some OAs and PAs that grossly undermine the the goals of the investors. Undoing the mess via amendments, etc… always tends to be laborious and more expensive then getting these right the first time.Why...
Kevin S.
Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
Hi members,I recently met my CFP and he concluded that after all these years of accumulation in 401k it's time to take steps to minimize taxes and reduce/eliminate RMD. As expected, he recommends Roth conversion and ...
Heather Thuli
Figuring out if you have a good deal or not
I am so close to being ready to get my first wholesale deal. The only problem is I am struggling a lot to figure out if it is a good deal or not. I am looking at on-market properties. I feel like every time I see a ...
Shawn York
Disbursement from SDIRA
Hi-We have an inherited SDIRA which owns a property. (we converted it to a SDIRA upon death and the SDIRA purchased the property) Since it's inherited, we are required to take RMD's. We want to take a 20% ownership th...
Kevin Hurney
Where do you put money that you use to invest?
My father has over $100k in 401k account with a local broker and is not happy with the performance. He wants to use the money to do fix and flips. What kind of account would be ideal for this money to be used for the ...