In Florida a sales associate can share their commission as long as you fully disclose it to all parties but I'm confused with the following statement in my pre-licensing course:A sales associate wants to give the asso...

I reside in NC, but my rental property is in NJ and in a NJ LLC. I am going to sell my rental and I am wondering if I will have to pay the Bulk Sales Notice or the Exit tax. Can someone please explain the bulk sales n...

How long does it that to do a short sale. I’ve never done it before. I’m a wholesaler and I’m wondering what is the correct way to handle this so it beneficial to me as well.

Can anyone with experience doing an owner carry with a 1031 exchange verify the following?Do I need to use all my equity, plus the cash I bring to close, and put all of it into the replacement property?As a simple exa...

I've never done a 1031 exchange before and have a couple basic questions.  FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...

I am new to the forum so would like to take the time in my first post and thank everyone for sharing their experiences. I have contacted a real estate agent in NY and he has a large amount of short sales but has told ...

Advice on wholesaling short sales.

If I am new to REI and want to purchase a property to flip, should I find an attorney for this process? if so should i find one before I do anything or when the property is ready to sell? what would be the most import...

I know of a distressed property and plan to go knock on their door. As a newbie, I have no practical experience with doing this (I’ve owned two rentals, but no wholesaling experience). -What is the process if the owne...

A client recently contacted me about a short sale in the Cleveland market that seemed to be priced way below market value. After digging into the listing info, I found a fairly typical approach to marketing these prop...