Account Closed
Zillow's "Make Me Move" strategy?
Hi all,I have just put 2 properties in the LA county area (one SFH, one Multi Family) on the "make me move" section on Zillow. I set the prices quite high to gauge the market for them not thinking there would be much ...
Olivia Evans
Loans equivalent to 203K loan but without using FHA
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
Sage Jankowitz
A few questions on RE certifications
So I've decided to become a RE agent. I should have my license before the beginning of December. Now I plan to bust my butt and hit the ground running, but I had a couple of questions on RE certifications:
1. When do...
Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
Kyle Ball
Should I go all in with 1031 exchange into DST/721 UPREIT stradegy???
I am an experienced RE investor but on the younger side at only 41 years old. I have been doing a ton of research and just completed my first 1031 exchange into a DST-721 UPREIT. I am considering liquidating most o...
Cecil Russell
This has to be a doozy of an idea: Is this even Legal?
2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
Shafi Noss
Your Best Negotiation Story
Hi BP,What is the best negotiation you've done so far, what moves did you make and how did it turn out for you? Just walked on my first SFH deal and want to learn more about effective negotiation.
JayCinta Henry
33% Property Tax Hike, Dallas County Texas.
My rental unit got hit with a 33% tax hike this year. Looking through the county neighborhood data I noticed my property had the highest hike, about 7 others at about 24% +/-. The rest come in at 8-12% and even 2 @5%...
Ryan Bird
How to pay personal mortgage from LLC account with co-mingling
I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
Kristine Eickman
If you deny borrower...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...