Venu Vedre
Lending money to a General contractor
Any thougths are appreciated. Here is the background:
Background:
I met a General contractor a few years ago through a local RE meetup in Charlotte NC area. I have seen his work onsite and He is very good at what he...
Dwight Gholson
Rental Housing Pool for Embassies
This question is probably unique to Washington DC property, but I recently found out that our Foreign Service, as well as Foreign Service for many countries, rent homes for diplomat and staff to use from the local hou...
Dan Liptak
Why should I use an attorney?
Looking for some input here. This is my 3rd REO purchase in 7 years. The two prior were my personal residence fixed up, leveraged, rented out got bigger and better.Each time I would buy one the lawyers would look at...
Michael Staiman
Applicant wants to file identity fraud
I have a person who qualifies on paper that I gave a showing. They asked me to email them an application, which I did. It became more clear this person may be mentally unstable. They expect an immediate response but I...
Dave Wittig
Texas llc creation or no?
Should I create an LLC for my first real estate deal? Or when is a good time to create an LLC?
Ryan K.
Business banking for rental properties?
I have 3 rental units, owned and financed under my own name. It's definitely a small business; I am the only employee and sometimes my wife. I feel like it will make it easier to track revenue and expenses if I sepa...
Brian Mason
401K and a loan
I have a self directed 401K with $250K in it. I want to buy some property with it and found a great property for $350K. Is there a way I can make up the difference?Can i take out a personal loan to cover the other ...
Jeffery Drayton
Collecting rent on property in own name
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
Cain Warsaw
Virtual Wholesaling Fair Market Value
I am a newbie virtual wholesaler. How can i determine fair market value of a property if i can't be there in person? I will not rely on data from the internet as it's a poor method of determining property value.
Joshua Dorkin
Sign of the Times: Zillow to Cut Workforce by 25%
Apparently the housing collapse and economic troubles are hurting some real estate companies you wouldn't have expected. According to FoxBusiness:
Real estate internet firm Zillow.com says it will cut 25% of its wor...