Monica Burt
How did you incorporate? C-Corp, S-Corp, LLC??
I am looking to incorporate myself for a variety of reasons before fully engaging in my RE journey. I am curious what option you took for incorporation and why you chose that option. I have an MBA so I know a decent...
Pavel Sakurets
People that completed at least 20 wholesales, do you double close or you do an assigment of the contract?
What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...
James Mudd
Lifestyles Unlimited…your opinions...???
Hello Fellow BP'rs….
Anybody have experience with this real estate club?…seems to me that they are another "guru" type club grabbing for your money. I have been to a couple of meetings and have heard a sales...
Jim McMillen
50% rule
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
Marty True
Wholesale to the 3rd, 4th, 5th Power!
As a "cash buyer" I am (or was) on many wholesalers' buyers lists. There is a fairly recent trend where real estate agents/brokers are getting on the "re-wholesale" bandwagon and basically adding on an additional $5k-...
Henry Li
S corp for Real Estate Agent
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
Lyndal McMurphy
No heat/hot water, tenant wants a hotel
My tenant in a SFH (single mother with toddler) was contacted by the gas company saying she was using excessive gas. They sent a technician out who did a pressure test on the gas line and said there is a leak on the ...
James Wise
HWPG is going undercover at a Guru seminar
Controversial TV flipper & Real estate Guru Armando Montelongo is coming to my town next month. I don't have much knowledge of him other then what I have read online & seen of his show. His show was pretty ent...
Travis Elliott
50 % RULE DEFUNCT IN SOUTH DAKOTA...
I am trying and trying to subsribe to the 50 % rule but am unable to do so. I live in a small town most of the year and the Black Hills arent hit as much as the rest of the nation. Houses listed here arent selling l...
Klemens N.
Asset Protection Strategy
I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...