Individual invests in multiple real estate properties for 5 years while running their business. In 2019 they buy more properties after they sell their business. They do NOT qualify for RE Pro status.In 2020 they quali...
Can one inspector charge several buyers on one single property they’ve inspected once?Just trying to understand the relationship between wholesaler and inspector. Thanks
Hey all,So I have someone who has a chunk of change sitting around and is interested in putting it to work. They've approached me, since I have a few properties already, and wanted me to do the grunt work (and maybe p...
I came across a property that is owned by a sheriff's department in a different county. The property does not come up in the auction. Has anyone dealt with the purchase of a property outside of the sheriff auction? Wh...
How do cap rates differ by city/state? How do I find what things are trading at for my city?
I'm trying to build a solid team. Yesterday I requested some comps on a property I'm looking to wholesale . I reached out to some agents and got two different comps which threw me off by 10,000 on the same property. H...
I signed a purchase agreement to sell a property for 490,000. It was written that my total proceed would be 250,000 less any taxes etc. Buyer stated that he needed to state the higher number so the hard money lender ...
I've been a landlord for about 5 years now and use the proceeds as income like most do in the beginning of their REI careers. The question is, whether to initiate a S-Corp or LLC for my passive income. My CPA r...
I think that a calculator that includes two different loans on the same deal would be beneficial.Example:Property price is 1,500,00025% is from a private investor at 7%the rest is a loan from the bank at 4%What is my ...
Hello all,I'm new in the notes business and I have an opportunity to buy a pool of 4 notes in different states. I'm wondering whether it's possible to keep all of them under my LLC which is in Florida. It means that I...