Account Closed
How do you buy multiple houses a year?
I already own 1 property...my 1st house. I will be renting it out soon. If all goes well I'd like to continue to buy more homes, but I'm confused as to how people buy multiple properties a year.Do you have a business ...
Justin Razmus
Lease option, then sell. Need advice
I've flipped some houses in the past, but have never used any creative financing. I have a chance to buy on a lease option, do minor repairs, and sell easily for about 10k profit.
How does this work when I sell the p...
Franky Aikens
How has technology helped your investments?
No matter the industry, behind every successful business, there's is a proven effective system. You can't mention the concept of systems without mentioning technology. Automation is the most powerful tool businesses ...
Todd Willhoite
Solo 401k unavailable if have any business with employees?
I have a business with no employees for which I want to establish a solo 401k. I have another unrelated business with one full time employee. My wife has a business with four full time employees. Under the Controll...
James Vermillion
3-6 Month Loan (Private Money)
Greetings,
My business partner and I are currently rehabbing our first home. We are about one month out from completion of the project (under budget and ahead of schedule) and are currently looking for our next hous...
Ernie Gutierrez
If I have Heloc can I cashout refinance?
Input requested. Thank you I have 150K equity in current home and just closed on Heloc and have zero balance on 75K HELOC credit line.Will I still be able to do a cash out refinance to have more accessible funds for r...
Liliya Patton
limitations when electing rental RE activities into one activity?
With respect to real estate professional status, are there any limitations or traps for the unwary when electing to aggregate rental real estate activities into one activity pursuant to Code Sec. 469(c)(7)(A) and Reg....
Heather Davis
What's your favorite real estate/MLS site for on-market deals and why?
When looking for on-market deals, what's your favorite site to track your options & analyze? I preferred Redfin when looking for my primary residence, but I'm using it differently now and I was wondering if there'...
Sandy Tan
Finance situation and first rental property
Am I in a good finance position to buy a rental property? My husband and I are thinking to purchase our first rental property upstate ny for about $200k so we can have another source of passive income. Here is our num...
Sri Voodi
1031 Scenario - is it possible?
All gurus, I have a Single Family Home (SFH) property that I want sell and do a 1031 exchange. Scenario 1 - Sell the property and buy 2 SFH's out of state. Does it qualify as LIKE-KIND property?Scenario 2 -Sell the pr...