Joshua Minatel
Best way to pay yourself
Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC.
Elda Castillo
Jus Closed My First Out Of State Deal
Hello,
I bought a house with the intention to flip. There are tenants living in it. The house wasn't properly maintained.
The seller did not furnish a contract which was already expired.
I intend to flip the hous...
Esaul Viramontes
Tips on Cash deal TAXES?
So I will be making a good amount of cash from the sell of my home. Since I have been at my home for Way over the 2 yr minimum I will not have to pay Capital gains. With this cash I plan on kicking off my investing c...
Tim Dailey
determining appropriate comps
Hi all-My wife and I have found a property and we are having problems determining comps for. Our strategy is to buy and fix. We are still determining whether to hold for 1 or more years with a tenant to create tax a...
Lilly Fang
finance contributor partner JV flip, should I be on the title? or just 1st position?
I will be a finance contributor partner in a JV flip. I will contribute money for buying and renovation, and the partner found the deal and will do management of the project, split is 50/50. My question is: is it safe...
Phil Shelton
When should I start the eviction process for a tenant with consistent late payments?
I have a tenant who pays half of the rent at the beginning of the month and then the other half at the end of the month, without a valid excuse or reason. I have allowed them to do this for the past six months, and I ...
Michael Osborne
Returning security deposit
I have a tenant moving out soon. When doing the walk through we noticed there was a steady leak at the kitchen sink that the tenant did not report. This resulted in having to replace the cabinet. I believe this damage...
Sean Cassidy
Miami and Florida real estate
Obvious question for the experts. I live in Miami and have some cash and would like to learn how to legitimately buy foreclosed or distressed real estate here. I am not opposed to flipping if the opportunity presents ...
James Amerson
holding payments
Hi ice had a good friend of mine who owns a landscaping business as my self, he had asked me today if a property management company had the right to with hold his monthly payment for services he had performed for them...
Tunde McConnell
Current house flip in Burbank IL
Investment Info:
Single-family residence fix & flip investment in Burbank.
Purchase price: $110,000
Cash invested: $48,000
Due to the timing of this deal, the renovation has been taking longer ...