Hello! I'm new to REI and like many, think it's a good idea for me to get into whosaling. I recently ran across the debate of wholesaling being illegal without a listense because the wholesaler is essentially brokerin...

What is the tax treatment for the different income streams from Lease Options?  Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"?  Can the monthly income be "rental i...

Hi. I'm having serious problems and need help. I've got a few properties out of state which are being operated by a management company. Here are some of the problems:

1 - My contract with the manager states that t...

I have been reaching out to investors in my local network in order to gather equity for doing an Apartment syndication deal but it has been slow going.  Therefore I was wondering if it would make sense to sell-out som...

I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...

I have potentially found a property that the numbers work well. It is a wholesaled property. If you are buying from a wholesaler what is your due diligence phase before you write a big check to a wholesaler? Would yo...

I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik

I have a good tenant breaking his lease 4 months early on 5 days notice. He has cleaned up the apartment well and he believes he is entitled to his deposit. Is he right? Property is in NC. No backfill identified a...

I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...