Hi,
I currently own two tax liens in my name that haven't been paid off thus far. It seems likely I'll be able to take action in just over a year to acquire, but understand that I'll get a big tax hit if I end up sel...
So there is an hud home that we have put 5 bids on. The home was priced 108k and we put our first offer in low, we kept coming up and they told us is the minimum net would be 75,600. We saw the price had dropped at...
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
My wife and I are in the rental market and we were looking to expand our portfolio. Last January I met a flipper and we began to visit about their business. We talked multiple times over the next few months. In March ...
I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
Hello!Just trying to understand something.So we have multiple LLCs for operating things such as consulting business, accounting business, and others that were created before a Holdings LLC was created. These are all s...
Hello all!
Wanted to introduce myself as well as let everyone know what I am involved in/goals. I am investing in the k.c. Area and looking to build a team, and create an llc to protect assets. I am intereste...
Hello, Let say my brother, and I want to for a Holding LLC which will Owned a management LLC. I have 1 rental unit, and will be buying a second one, cash. The first property is on my name. planning on growing the busi...
Hell on EarthA Story About the World’s Worst Real Estate Flip.As I sit down at my desk to write this story, I actually don’t know the outcome of this home flip. What I do know, is that whether I lost money, broke eve...
Most of my off-market deals come from real estate brokers. Because of my track record and reputation,brokers come to me before they list their buildings. I follow through and close on every deal I put my EMD on so I n...