Account Closed
Sold my dream car...Porsche 911 S.....am I crazy?
So I sold my dream car that I waited 55 years to own after two years of ownership. I made a radical decision last weekend and the short term affect of that decision was realized today. So...I bought a convertible Pors...
Carrie Giordano
Should I Get my RE License for my Own Personal Use?
As a bit of background, I live in Los Angeles, my investments consist of sfh in Ohio and one vacation rental here in California. Before I began investing, I got my CA real estate license (Its now expIred), signed on w...
Ashley Benning
Is this too much to ask my realtor to do?
Hello, BP! I have realtors in California, Utah, and Arizona and am actively seeking my first property to fix and flip or--even better-- BRRRR. While they are sending me automated MLS listings (except for my CA realtor...
Sam Erickson
Should I personally guarantee a seller financed office building?
I found a seller that owns a 20,000 sq ft. office building with no mortgage that is interested in carrying the note for me. The building has a gross cash flow of $68,000 as it sits now, with a gross potential of $160,...
Craig H.
What's a good cap rate
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
Ashley White
Renovation of Downtown Property
Hey all!I'm very new to real estate investing, but have made my first deal a little over a year ago.Back story:I was able to snag a seller financing deal with no interest and would allow me to purchase a 2 story build...
Lee S.
LLC questions
First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC. She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...
Jeff L.
Do I need to hire an attorney to create an LLC?
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
Ford Smith
Dear Experts. Please read. Please help?
Dear Experts. Please read. Please help.My wife and I need sincere, honest, hard-truth advice from a real RE expert. Someone that can truly point us in the right direction without anything to gain.Any advice or feedba...
Rich Weese
Taxes, Taxes, taxes!!!!!
I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...