I've read that its best to flip houses through an S-corp since money made from flips counts as ordinary income.

Problem is, the only business entity I have is the LLC used to hold my buy and hold properties.

This ...

Hello, I am going to look at a house tomorrow that is listed For Sale By Owner and just by talking to the person today, ironically found out that it is one of my good friends from high school's dad who is selling this...

What are your experiences or knowledge about the potential of mortgages getting called in during a recession? I was informed by a family member that someone they knew had a mortgage called in on one of their investmen...

Investing in lower income neighborhoods is my niche. I was born and raised in the hood so I'm comfortable with these areas. Yes, the crime rate is higher than other areas, the schools are not as funded, and there are ...

We own a non performing note NPN where the HOA is foreclosing upon next week. This was known ahead of time before being purchased as there was a court order granting the HOA right to foreclose, subject to the 1st mort...

Hello everyone,

I've been doing my research on Wholesaling for a couple of months now. I've been told that this is a great way to get into Real Estate with little money or no credit and not having to risk anything. C...

Is it typical for an appraisal to come back almost exactly what you're purchasing the property for? 

Hi all,
I'm 33 years old (about to be 34) and I work as an Administrator in a school system making 125k a year. I just started and I have only been at this position for 3 months now. My situation is a big complicate...

Hi All,

I'm starting a direct mail campaign to preforeclosures but I'm not comfortable using the standard "I want to $buy$ your house" verbiage in the yellow letter. I've done it... and would rather deal with someo...