Wayne Woodson
Wholesaling Clauses You Should and Shouldn't Use
I am doing some research and eventually writing a blog on clauses that are and are not a good ideal not to use. Two I don't use are the "Financing Clause" and the "Offer Pending Partner Approval" clause. What are some...
Nick M.
Creative deal structure for mult-family deal b/t family
Looking for creative ways to structure a family sale of 1 four unit and 1 five unit building. The seller would like to hold one of the properties with seller financing.Buyer would like to acquire both properties for a...
Dave G
Investor / Realtor
As an investor I have decided to apply for my salesperson license in order to check the MLS listings each morning and get access to local properties here in CA.
There is one issue though I am not real clear on I thou...
Duke Nguyen
Deposit from tenant to property management company
Hi everyone, quick question about the deposit funds from a tenant who wants to rent a of the property I owned.First time I am dealing with a property manager. She told me that she is asking for a one month rent depo...
Yocheved Beer
having the deposit go directly to seller before closing
Hi all,I was under contract for a house, and all was well untill the sellers lawyer said that the security deposit must be given to the seller and not held in an escrow account. My lawyer told me this is insane becaus...
Philip Davis
Using a portion of the proceeds of a 1031 to pay an exsiting 1031
My wife and I successfully executed a 1031 (A) by selling one rental property in CA and buying two in VA two years ago. These two properties each required mortgages to be taken. A recent death in the family now forc...
Ben C.
New Jersey Real Estate Flipping Tax Implications
Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...
Kelly Wiggs
Evansville, IN Acountant Recommendation
I’ve done my own taxes in the past, but due to the increased complexity and scale with a few BRRRRs this year and selling another investment property in the near future I’ve decided to start utilizing an accountant. D...
Ryan Jopson
Lenders offering secured LOC cross-collateralized among assets
Good Afternoon,
My self and a business partner own a portfolio of smaller multifamily properties (2-4 units). We are looking to expand operations and thus are researching the lending market for line of credit opport...
Ryan Jopson
Lenders offering secured LOC cross-collateralized among assets
Good Afternoon,
My self and a business partner own a portfolio of smaller multifamily properties (2-4 units). We are looking to expand operations and thus are researching the lending market for line of credit opport...