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Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
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Good morning! My husband and I bought a fixer upper duplex in 8/14 with a 5% down FHA 5/1ARM at 3.75% (we are living in one unit). We did a massive reno on it and should now have the 20% equity needed to refinance a...
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So myself and 2 other people are considering starting a real estate business and pooling capital to puchase properties to hold and rent out for the long term. My question is, how are you guys structuring your entities...
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Hi everyone,My husband and I will be downsizing from our primary home into a townhome that we own as an investment property currently. Since we will be selling our primary property which we have lived in for 15 years ...
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As a new investor certain areas of real estate are appealing; however, the aspect of low risk, no money down with unlimited opportunity for profit is the most sort after. We all know no area of real estate is complet...
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Want to close more deals? Then ask for the business more. Most people, especially new wholesalers think they are the asking for the business but in reality they are not. Build up the habit of asking for the business a...
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Hi all, My tennant is been late 22 days for 2 monts each time and i asked him to pay ontime or leave and he screamed to me " i am not leaving these fu...ing house son of a bi..h" and much more ,he said he will pay in...
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If I were to set up a HELOC with my personal residence could I use that to purchase properties to flip under my LLC?
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Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
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I am thinking of investing in a CA company that buys bulk foreclosures by pooling investors money. They rent out all the properties for 5-8 years then sell it. This is new to me so if anyone has any ideas on things ...