Jack Nichols
Warbucks - Red Inc for lending and fix-and-flip/rent?
Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.
As I started writing this, I realized that many on ...
Khaled Helmi
Is it Illegal to Flip foreclosures in Maryland
Was talking to a friend and they had mentioned that their realtor had said that Flipping properties in Maryland is illegal unless you have a license. I thought it was very strange because i've never heard that, but s...
Llewelyn A.
Listing Broker May Not be Submitting my Offer to the Seller
About 2 weeks ago, I submitted an Offer to Purchase a Property for a Client/Buyer.The Seller's Agent got back to me and said that there is currently an offer with "No Finance Contingency" and because my Client will be...
Latonna Hill
Unsecured credit lines
Hello, has anyone had experience with Tom Kish or Dave Candle(Credit Card Builders) with obtaining unsecured business lines of credit.
Drew Whitehead
Anyone here do a lot of Airbnb rentals?
Any locals here have any properties they do Airbnb with? I'm wondering about the Park City area specifically due to the swing in seasons and events. I have some capital that I am looking at purchasing a property in Pa...
Kevin Longeuay
As a buy and hold investor, would you invest in today's market?
I found this article today on chase.com that provides 6 nice charts that indicate that the housing market has recovered from the recession. The basic highlights are that house sales are up, house prices are back to th...
Bowman Klinkenberg
Minneapolis 2040 - how does this affect your plans?
Minneapolis, MN recently passed Minneapolis 2040 - a plan to upzone many of the existing SFH neighborhoods to allow triplexes and further density along transit corridors. Minneapolis / twin cities investors, how is th...
Nick Sansivero
Will transferring ownership into an LLC cause issues if I try to complete a 1031?
Hi, I have a duplex near Newark NJ that I purchased 4 years ago under my name, and have since turned into a rental a couple years back. I'm thinking about doing (my first) 1031 exchange into a 4-6 unit property. Befor...
PJ Kolnik
About to become a Landlord!
Hi all, I’m just about to close on a 3 unit property here in Chicago. It needs a bit of work with one unit I will live in and another two to rent out. Both have current leases that will run out in March and then I can...
Megan Arzt
Partial Rent received. Now it's late. What to charge?
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...