This past weekend my friend invited me as his guest to the Yancey Events, Real Estate Workshop. He paid a couple of thousand dollars to attend and a free guest was able to join so he was generous enough to call me...
Hello all,I am very inexperienced to the Real Estate game. What I do know is what I have learned from this site. I am currently in the market and looking for my first property. I have contacted a real estate agent who...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
I am now convinced that It's not the wholesaler who is a hindrance, but the realtor. I have called roughly 25 realtors. I explain to them everything that I do, because in the state of New York you can assign a propert...
First, let me define what I mean by reverse trolling. Reverse trolling is posing a vague question in your practice area to allegedly spur discussion, but it's always to get business.
It's technically avoidant of adv...
Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
This might be my most controversial post ever…that is, until you see what I have to say.
And what I’m talking about is cash flow – and you’ve been lied to about it. Ok, maybe not LIED about it. But it has been GROSS...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
The first state in the nation to make solar mandatory for new builds starting in 2020 . Pros? Cons?https://www.cnbc.com/2019/02/15/california-solar-p...
This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...