Jeremy Climie
Newbie Australian in Pittsburgh
Hey guys, Firstly thanks to everyone involved in this site including everyone posting on the forums - I've been lurking for a month or two, learning heaps and finding a lot of inspiration.I'm not on the ground in Pitt...
Jon Malham
Subject to, Wholesaling, Owner Financing, and Lease Option Contracts
Hello there BP!
As a new investor I just had a few simple questions about where to find standard contracts, specifically in the state of Florida. It's no problem finding a standard real estate purchase agree...
Jeffrey Townsend
first property at courthouse auction
I just purchased my first property at a foreclosure auction. The property is currently occupied, I believe there are tenants in there. I have tried knocking several times and no one answers. What is the best way to g...
Account Closed
What to do with a tenant who was just jumped and robbed?
I was just informed by my property manager that my tenant was just jumped and robbed. As of now, I don't know who this person who jumped and robbed my tenant came from. Do you have any tips or advice on how I deal wit...
Al Pat
Rental LLC election Partnership or S-Corp
I have a LLC that is owned by my wife and I. Ever since it was created, we have elected it to be treated as partnership and pay self employment tax on income (if there is income in a given year). My current accountan...
Derek G.
Loan with no W2 but great tax transcripts
Hi,I work for a foreign company, so they do not file W2s. I make great money and have no problem qualifying for a great rate. I have tax transcripts (as well as the IRS). It seems silly not to go through with a loan j...
Johnny Mack
Tenant Forged My Signature
So the story gets better. I’m evicting a tenant and I avoided the judge and came to an agreement for the tenant to move out in 45 days. However, the tenant called themselves suing me with wild claims, as I flipped thr...
Rocky V.
"Sub2", Mortgagor filing bankruptcy
The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy. Currently home is deeded to a land trust. I own several "sub2" homes and this has never come up. Has anyone experi...
Daniel E.
What happens to mistakenly unreleased liens in foreclosure?
Scenario:First position lien from 1998 is unreleased per county records.Property has been sold 4 times (and those owners received and released mortgages) since this time.Most recent mortgage has a title policy showing...
Account Closed
LLC with Scorp elect vs 2 LLCs for taxes and operation expenses
Question about a possible alternative to the LLC with scorp tax election.LLC with Scorp tax@Brandon Hall, @Steven Hamilton II:)I see 3 downsides to running with the LLC with scorp election.1 Separate tax return for ea...