Marlon Balogh
Forensic Accountant - Real Estate Frauds Introduction
Several Basic Fraud Schemes to Note:I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach o...
Tristen M Walker
How to Setup Business Accounts
How do you guys/girls setup your business bank accounts? My questions are:Do i need an LLC for a business bank account? Can i hold multiple security deposits in one account? the money wouldnt touch my personal account...
Kumar Gaurav
Principal pay down from 401k counterproductive?
Hello,I've been toying with this idea to pay down principal using 401k from my previous employer.Firstly, is it feasible? Any ramifications that I need to be aware of.Appreciate your inputs.Thanks
Stryker Brown
Adding RV Lots to MHP
I have a 21 unit MHP under contract in an area of Georgia that is in HIGH demand for contract labor right now and I am considering adding RV lots to tap into this crowd. There’s almost no vacancy in the surrounding pa...
Joseph Poluch
Seller finance questions
A neighbor approached my Father about possibly purchasing his waterfront Trailer and would be willing to finance for up to 5 years. The trailer is permanent in the sense that its tied to local sewer and water, on bloc...
Ladd Brunner
Commercial Real Estate Opportunity
Almost 3 years ago we acquired a 4-plex that was owner financed, one which we would have had limited opportunity through conventional financing to purchase. We have since refinanced (3.625%) and cashed him out and no...
Shannon X.
Newbie Question'(S)
My questions is as follow:
Would many investors go for a newer (built in the last 5-8 years) REO house that does not need much repairs and could still make a profit?
Also
What about a more expensive REO in the upp...
Adam Craig
Paying contractors
I have some guys working on a house that I am going t rent - The main guy works for $22/hour and his helper works for $15 - so on a 40 hour work week I am paying these guys $1480 -
They are doing everything f...
John P.
Just Bought First House...Liability, Umbrella Policy, LLC?
I closed on a SFH last week. It's a small new construction. The liability on my H/O's policy is almost 4X the price of the house. Is this sufficient for general liability purposes (someone slipping and falling, etc...
Account Closed
REALTOR REBATES or BUYER'S AGENT CREDIT
Realtor Rebates or Buyer’s Agent Credits
Realtor Rebates or Buyer’s Agent Credit can be a Massive Savings for Consumers! In addition to shopping for the best rate, terms and l...