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I have an equity partner who basically wants to be the bank on my flips. I use all their cash, and they want a % of the profit. I find the houses, I'm the GC on all the work, I get the properties sold, my partner is...
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Under the new tax law, is there a benefit to changing the tax status of my LLC? I was listening to a podcast when the speaker mentioned that some RE investors were changing the tax status of their LLC to be taxed as a...
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I make about 50k a year, and I have some savings that I want to put a tax advantaged account. It might be used for real estate, it might not. It's not an emergency fund (I already have one). It's likely going to be pu...
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I have a 2 unit house that used to be a single family. Right now there is 1 electric meter, all circuits go to each unit respectively it should be simple to add a 2nd meter. I have never owned a multi before and am ...
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Hi! I am currently 21 years old and looking to get involved in real estate. I am actively saving my income from work to eventually put down on my first property. I just got done reading "Think and Grow Rich"- by Napol...
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When you are constructing a list with the intent on finding leads for wholesaling, what do you consider high equity, or enough equity such that wholesaling would be possible?
I am thinking 50% or greater.
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Hello, I have a number of single family homes in good neighborhoods that I may be wanting to sell. I am seeking a go getter realtor, who would know the small things needed to dress up these places to sell at retail. ...
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Is $50 late fee per day legal in Colorado? I bought a rental that came with a lease that says $50 late fee per day if rent is not received after 3-day from the due date. I need to serve a 10-day notice and try to figu...
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Hey Everyone,I came across a cash flowing multi after getting all the numbers from the seller. The seller currently pays for water, and heat, but charges pretty solid rents of $1200, $1050, and 950. for the area. Heat...
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This is more for the newbie like myself. Purchasing my 2nd buy and hold. Got the deal i wanted and now it is time to get lending. A little more about me. high credit score, good w2 earnings, low debt to credit and ...