Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Account Closed
Lessons learned from wholesale deal turned into lawsuit
Originally Posted by John ChapmanPOSTER Investor Dallas, TX
"This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was app...
Kimberly C.
$190K of cash incoming but too many options has me stuck. Local (SoCal) vs OOS
I just started listening to the BiggerPockets podcast about a week ago (due to this incoming windfall of cash that I initially didn't have a gameplan for) and I think I’ve powered through 20+ podcasts so far! I cannot...
Account Closed
Turn Key provider advice for 1st purchase
Since December I've ran into a few problems while trying to invest. The biggest problem was me not wanting to invest in California because of our market. I'm now past that and very close to diving into my first purcha...
Luiz Souza
FREDDIE & FRAUD!!
Any thoughts!! Is this new??
http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html?attr=EMC-SFNCAEFTSPF
Mat Lewczenko
Property Managers - Why do they always Overpromise and Underdeliver?
I hear this ALOT...
"I had a great PM company, paid them $X but they are gone, had to fire them. They were great in the beginning and then..."
What makes them great at the beginning?
What are the biggest let downs?
...
E J
1 Page Contract - Legality
I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
Bryanna Mendoza
Spokane, WA - New House - Already Having Sewer Backup Problems!
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
Tim Silvers
SHORT SALE FLIPS ILLEGAL NOW?
I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
Derek Smith
OK, next Step...Mentor Sherman Ragland
OK, I have been going it alone attempting to wholesale for about 3 months now and I have not made that first deal yet. I live about five minutes from DCREIA and its "Dean" Sherman Ragland lives in my development on t...