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Can I use income from wholesaling to pay off my house without paying taxes on it. Would I be able to accomplish this by quit claiming the deed into an Llc?
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Hi BPers,First, thanks to all who replied to my first post about possibly walking away from my wholesaling "mentor," who I suspect is holding me back. As I continue learning about the wholesaling business while rampi...
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I own 1 rental free and clear and is in the process of financing to pull the equity out to buy another rental. Would this mean that I will be paying closing cost twice, to pull the money from rental 1 and then again ...
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I have always had the idea of owning a vacation rental in a small but popular mountain town near where I live. Just curious at what other people's returns are typically because according to airdna this town says its a...
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Hello BP - will keep this brief but feel free to ask questions if you need clarification.I live in Chicago and bought a duplex in St. Louis last year. That has been performing decently, and I wanted to move more fund...
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Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...
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Hello BP Folks,I have been recently hit by a complaint from the school board in cuyahoga county for my 4 unit rental property for an increase in property tax from 51k value to 173k valuation. I have the counter compla...
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Making Offers. What If My Seller Isn’t A Motivated Seller?
Sellers; now they’re a funny bunch of folks.
Like most real estate investors, I talk to a lot of sellers as a result of my marketing. And, they always ...
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Hello BP members,
Being locked inside and with few credits left, I have been spending a lot of time researching real estate. I've been reading, listening, and watching- basically any down time is split between these...
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Setting up to launch a direct mail campaign ASAP and i am contemplating three ways to handle the incoming leads:Answer every call myselfSet up and pay for a call centerLet each call go to voicemail and call back later...