Holly Knapp
Fee Received for signing off on RE Sale to clear title
A relative sold a shopping center. There were issues in the title that were going to prevent the sale. So relative offered to pay my mother and son $36K each, to have them quitclaim off the property. His alternativ...
Susan O.
Received Default Judgement in CA - How to get tenant to leave?
So we already Received Default Judgement in CA and judgement for posession. The sherriffs office hasn't gotten back to us. What are your strategies for getting the tenant to leave peacefully and not destroy your prop...
Keith Belzner
Craigslist ad looking for buyers and the reply i received back.
I posted an ad on craigslist looking for interested investors / cash buyers who are looking to purchase when i have properties available in the future. I did not say I had a property and then say oh sorry its sold but...
Jason Griffin
From a tax standpoint, can you receive funds from both parties?
Hi, What is the best way to distribute funds to the wholesaler? Can they be divided between the seller and the purchaser 50/50? At closing, I understand that the entire amount is deposited into an escrow account, ...
Baron Wilson
What is it like being rich landlords and receiving passive income?
To my successful landlords, what is it like? Pros and cons? What is it like to refinance, have cash, be rich, have equity, etc. I am so excited to be wealthy lol!!!! I am in real estate to be wealthy. Also, I love hel...
Frank Y.
Does private lender file 1098 for the interest received from LLC
Hi, private lenders, do you file and provide Form 1098 to a LLC who paid interest to you? I have a borrower (LLC) asked for 1098. But IRS Instruction says "You need not file Form 1098 for interest received from a cor...
Lee Brewer
Haven't received rent check but tenant says it was sent/cashed
I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
Thomas O'Donnell
I Received a Message From Corporate Housing for My Rental Unit
Hello all,I recently received a message from a corporate housing company for my vacant rental unit. The message reads as followed"Hi, My name is Zach, and I run a corporate housing company called Zillycon Capital. We ...
Joseph Hernandez
How Dies a Seller Receive His Equity with a Sub To?
Hello. If an investor purchases a pre-foreclosure property via sub-to and there is $50,000 of equity left over after the investor pays arrears, closing costs and other expenses, does the investor pay the seller $50,00...
Wendell De Guzman
I Received an email from a Guru...what do you think?
I received this email from a "Guru":
"I met with a local wholesaler the other day to ask him how he's
dealing with this new competition for distressed properties. This
is exactly what he said ...
"...