Derron Taqee
Was Kiyoski right when he said a business owner can pay themselves first and the gov taxes whatever is left?
So I just finished reading Robert Kiyosaki's Rich Dad Poor Dad and he stated something about how business owners pay taxes vs how 9 to 5ers pay taxes. He says 9 to 5ers pay the gov first in taxes and they get whate...
Ralph Santos
P.O. Box or Primary Residence address
If your not using a property manager, how do you prefer to receive your rents? Do you give your primary residence address or do you use a P.O. Box?
Anthony Ogletree
Assignment of Contract vs. Consulting Agreement
Can someone tell me what is the difference between an assignment of contract and a consulting agreement as it relates to wholesaling. I have a potential deal lined up and it was my understanding that I was to just ...
Brady Hanna
High Vacancy Rates-Should I Buy??
So we found a duplex to invest in and might have pulled the trigger a little too quickly without doing all of my due diligence. So here is my situation:
We found a duplex in Grandview, MO which is a suburb of KC. I...
Michael Sherwood
tenant wants deposit back!
Need to ask some others about this.
·Previous tenants infested the carpet with fleas I am holding 200 dollars in pet deposit no matter what. I cleaned the carpet on four different occasions over a week and h...
George Bittar
Empty Home-Deceased Owner- No Bank?
Not sure if this belongs in this section of the forum, but the lead came as a referral from someone on our DM campaign.
I contacted the local tax office and they could not provide any other information other ...
Mike Welch
PM Routinely Charging Landlord for Tenant Caused Damage
I'm a CA resident who invests in AZ properties. I invest in Tucson, Arizona, where I lived for ten years, have many contacts, and a local network.
I'm building up my rental portfolio and currently have two propert...
Robert Shoffner
REACT
Has anyone used the REACT system (reverse engineered assignment of contract for terms). Its getting sold by gurus now. Didn't know if anyone knew what it referred to. How does one do a REACT deal?
Gabe G.
Starting out, money/mortgage question. How to expand
This is a question for people that have gotten this point.
I am a new landlord, just started in august of last year. I currently have 2 properties that have gross cash flow of around 500 each per month.
...
Bill Humphrey
Risks with the Checkbook IRA (LLC)
I have seen several questions and comments about the advisability of using the Checkbook IRA LLC structure. Although there are a number of firms pushing the idea we always try and point out the potential danger of do...