Chelsy C
Flipping properties without LLC
What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.
Guy Anthony
assigning a contract
im about to do my first contract assignment--can someone tell me exactly how to do it? do i put the end buyer on the contract i initially signed or do i have to draw up another contract? and do i get my money up front...
Robert Howell
Is this note fraud?
I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...
Bryan H.
Was your LLC put to the test?
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Gaylene Rogers lonergan
New Texas Senate Rulings: Wholesaling, Assignments, Double Closes
How will the new Texas Senate rulings on Wholesaling, Assignments and Double Closes affect your real estate business?If your real estate investor business includes wholesaling, assignments and double closes, you need ...
Paul Haskell
Getting Married - I already own house 100%, no mortgage
I need advice. I just got divorced and own my house, flat out, 100% with no mortgage. I'm debt free. Per my divorce decree and local law, I cannot live with anyone (called "cohabitation") with my 5 year old daughte...
Senthil Akasham
1031 Exchange Vs. CRT
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...
Jason Thomas
Capital Gains savings by selling rental with allotment sale
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Vladimir Gonzalez
Is illegal to pay referral fees to non realtors?
I post a ad on Facebook offering a $500 referral fee for anyone who can give and address of a crappy, ugly house. It's that illegal?
Joshua Feit
Why am I running into the WORST wholesalers?
Hey BP! In 2017, so far I have run into about eight wholesalers who were:-Marketing properties they did not have under contract-Daisy-chaining deals 3 and 4 deep-Marking properties up 200 or more percent-Dealing with ...