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I read a ton of books about investing in RE and the BRRRR method. I truly still did not have the confidence to make an offer and purchase a property. I'm looking for little push and help me minimize my mistakes. I re...
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Just got this bulletin From the DRE in CA. it is illegal to offer Less than fair market value of any property in the fire area that is less than what the value was as of Jan. 6 2025. Fines and imprisonment if vio...
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Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
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I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
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Has anyone done a cost segregation study, and what are the pros and cons? Has anyone used Engineered Tax Services for this study? It all looks good on paper, but I wanted to see if anyone has some real world experie...
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Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...
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I'm so frustrated right now! Between all of my properties, gates, garages, etc. I have a lot of keys to keep track of. I have them on a board and had them separated on hooks with the hooks labeled for each key. The b...
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Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
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Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
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Hi guys I was thinking about this today and just wanted to ask this question and see what your opinion on the matter is. Many people in and out of real estate frown upon wholesaling. There are so many negative stigma...