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Ok, Here is the scenario.... My partners put our first property under contract. They own another business for which they have a line of credit available. We are purchasing a Single family home to either wholetail, r...
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But the only problem I have is should I tell the seller I’m a wholesaler? I wouldn’t want to lie and I have a feeling this could be illegal if wholesale their property without them knowing
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I've been asked to buy someones house who may lose to bank due to divorce. They want me to buy and lease to them for a year to rebuild credit and sell back to them. Looking for ideas to structure this as well as cos...
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I'm under contract for a non-conforming 2-house property in Warren Michigan I plan to lease out.As part of review, seems the city has excessive inspection requirements (every 2 years) and open-ended rules on the inspe...
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I would like to ask the opinion of the group on whether to go directly to a seller, or to their agent to discuss possibly wholesaling a property that has been on the market for more than a year. I believe the home ma...
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I was the highest bidder on a property. Modest 3 br 1 bath. I over bid a little and was pretty happy I was able to get an inspection before the contract was in my hand. Overall, inspection estimates about $15000 in r...
Does anybody have experience with operating your real estate company and contracting business under the same LLC? I’m new to REI and have one rental property, which is not my primary source of income. I recently start...
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Hi, I'm looking to work with someone in the greater Orlando Florida area. The right person needs to have some experience. Thank you.
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I am analyzing my first property to buy and would like to know how investors account for business expenses (CPA, accounting, legal, etc.) Should I account for these expenses from the reserves from each rental prop...
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Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?
RE Pro Status supercharges this.
If you or your spouse are an RE Pro, your LP investments can lead to depreciatio...