Account Closed
When buying rentals - Is Cash flow your only consideration
When purchasing real estate as a rental. Most of us will spend a considerable amount of time to insure that it cash flows. Not so many years ago I ran into investors that paid much less attention to cash flow and th...
David T.
Looking for a CPA...
Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...
Joseph Molander
Norada Real Estate?
Hay everybody,Just wondering, do any of you have experience with Norada Real Estate? http://www.noradarealestate.comIf you do please let me know how you worked with them, and what your experience was like. Thanks much!
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...
Mariah Jeffery
Golden opportunity? Or taking on too much risk/debt?
I have 23 rental units now. I bought a duplex in '07. The next opportunity came in late '09 when I met a motivated seller, an elderly couple that gave the a great deal on my next 11 units/4 properties. This couple sti...
Bob Olah
What is the legal way to buying and holding owner financed property with a mortgage
Hello Guys,
I have read so much from soooo many investors that I really want it clearified here please.
If I find a motivated seller who just wants out of a property, Can I buy it legally with owner financing? I do ...
Gerilyn Bristow
Royal Legal Solutions Texas
I am a current client of Royal Legal Solutions out of Austin Texas. I am almost scared to ask this question, but here it goes. Has anyone had dealings with them and are they legit? I am starting to wonder. I am not re...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Joshua Dorkin
The Top 5 Landlord Mistakes
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...