I'm closing on a duplex in a couple weeks and I'm considering using a property manager vs. self-managing. I was wondering if anyone could provide a recommendation for a reputable property management company in Norther...
Hello everyone,So my business partners and I are thinking of starting an S Corp vs an LLC that can be taxed as an S corp. I just wanted to ask what are some of the benfits tax wise and if someone can send me a contac...
Evening, Fellow BP'ers:First let me start by admitting that I recently listened to the most recent podcast with Kyosaki's CPA followed by Kyosaki's episode 500. Where basically in the first 10 minutes he poo poos on ...
What are your thoughts on real estate investing and the potential upcoming recession all media outlets are talking about?
Hey everyone,I live in Silicon Valley, which means I really need to look at investing out of my home state. My dad lives in Phoenix, which is a growing market, and it seems like it could be a good place to start. Th...
Hello Guys,If you were about to 1031 exchange a couple of properties and they are about to profit you 100k, what would you 1031 exchange that money into? In other words what strategy would you use to turn that 100k in...
I'm going to sell one of my rental properties in San Jose, CA and planning to do a 1031 exchange also in CA. I will be renting the property, so it will be like-kind property. I read somewhere that the propert...
Hey everybody,
Are you using your IRA for wholesaling?
If so, encountered any problems?
Thanks,
Dave
I have found what I think is a pretty good property. It's in the suburbs - two buildings (next to each other) with 4 rentals in total.
Long-term tenants with total rent = $3050/month
Asking Price: $272,000...
So, after drinking up as much of the bird doggin' wholesaling lingo I could, I decided to use my lunch today to go out and do some REI therapy, AKA: find absent owners or do some bird doggin'.
After about 15 minutes,...