Joey Soewargo
I'm a bit confused on how assignment and double closing works
I understand the process in which double closings and assignments occur, but I'm more struggling with the concept of where the numbers fit in. For a wholesaler, I would simply try to get a good deal on a distressed pr...
Sang Yi
Lost, dazed and confused with MLS showing auction and not active.
I saw a property listed on MLS that shows as Auction and not active. Listing agent is just a regular real estate listing agent. My agent found out some info but still unclear.
They have a lockbox so buyers can see t...
Joshua Powell
Should I put property purchase + rehab costs in my P&L? Confused
So I'm starting to put together a fairly simple P&L in excel for the house hack I just acquired. I'll eventually move over to a more complex accounting software such as quickbooks down the line, buy I want to wait...
DeNay Ramsey
I Have $200,000 in Equity in an Investment Property and Confused
I have about $200,000 in equity on an investment property in Oakland, California. It sets on a large lot enough to add a second unit. I bought it for $265,000. Legally it's a four bedroom, one bathroom single family h...
Jose Castillo
What heating & air does the home have? CONFUSED please help
Ok so this is where I get a bit lost when talking with sellers: It's like I suddenly get lost when they start telling me about what kind of heating and air they have. I guess I have some of these components confused a...
Manda Gouvion
Legalities of investing.. Is it as confusing/scary as it seems?
I've wanted to get into real estate for years. However my actual research of the nitty gritty details of investing have just begun. Finally the stars (or should I say $) are aligning and it's now a real option for my ...
Raphael Schwartz
Need advice on 1099 filing confusion with a co-owned rental...
Looking to source some wisdom from the experienced CPAs/Tax professionals on here.
My unmarried partner and I co-own a duplex in TX. We live on one side together and rent out the other side (medium term furnished ren...
Naresh Achary Vadla
confused between selling or keeping as long term rental - Seattle home
Hi, I am bit of confused between selling or keeping as long term rental regarding a property that I own in Seattle area. (Bothell WA).
I wonder any of your inputs might help to narrow down my options.
My property is...
Account Closed
I'm really confused with the whole self directed IRA/Solo K
I've been doing some reading online, and I'm really confused with the whole checkbook writing Solo 401K. I thought I read it somewhere that you can transfer your Roth IRA to a checkbook writing Solo 401K (I don't reme...
Frank Rodriguez
Im confused on how the bank pays back the hard money lender.
How does it work? How do you get the bank to pay off the hard money lender? Also what should I worry about?