Jackie F.
How do you pay yourself
How does everyone pay yourself.. Do you pay yourself a "salary" or do you just take whatever is left after expenses and taxes as "profit" and thats yours to pay your bills and live your life? Also as an LLC or LLC "s-...
Michael O'Brien
Details on pass through deduction tax plan changes?
I’ve seen a few articles on last minute tax plan changes and they are stating there was a last minute change that allows for a greater reduction for real estate LLC’s with no to a few employees for rental income. Anyo...
Stephen D.
Performing Land Contract assignment
I have received an unconventional proposal from a seller. The seller wants to assign their performing land contract at 7.8% for the balance currently outstanding on the loan. I'm not sure where to start with this se...
Sonia Shrestha
DSCR Loans for a foreign investor
Hi,I want to invest in real estate in Sacramento - as a rental property. Can I get a DSCR loan? How useful is it? Has any of you had any success securing this loan?
Jessica Young
Vacated tenants demanding access to get their own repair estimate on damaged item
We are receiving threats and demands from tenants who recently vacated.Our tenants, who you know were a total nightmare if you're following my other posts, finally embraced the happy clause and are out half way throug...
David de Luna
What banks offer free or low fee wires?
I wire a lot - contractors, title, sellers, brokers, etc. I'm trying to reduce costs. I'm looking for a good bank. Any suggestions?
Chase Farley
Letter to assistance program for caretaking tenant
Hello,My tenant has been a caretaker for his brother for the past 6 months, and his brother has been living in the unit. His brother is going to rent his own place and needs a letter from me stating that my tenant was...
Account Closed
What do you do after a seller accepts your offer?
Im sure I will get a motivated seller this week, But, what should I do after he accepts my offer? Do I take him with my attorney? What do i do?[Details]Its going to be a motivated seller in Pre-foreclosure. Im gonna p...
Account Closed
Another LLC Question
HI all, I have an llc that i started a year or so for my real estate business. I started it through the Company Corporation...kind of like legalzoom i think. I have been getting bills from them for $235 per year for...
Tony Kogan
Annuity
Hi,I was approached by the financial advisor from First Financial Group and she talked to me about the annuity. She said it pays 5% a year plus 6.5% a year rider. On the top of that the principal stays protected. I ha...