Account Closed
Reasons deals are too good to be true?
I've been practicing analyzing deals found on Loopnet, and curious why certain properties are listed for months and some close to a year. Especially when the numbers APPEAR to work? The areas of interest are very popu...
Stefanny Gonzalez
Hard money lender when investing in a house flip?
Hello all! How do you guys feel about working with a hard money lender? I am planning my first house flip and coming into it with a partner. The plan is to purchase a fixer here on SoCal, rehab it and sell it off with...
Jeremy H.
What kind of Form/Estimate Sheet do you give your contractor?
Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...
Hosanna Jones
QuickBooks
I would like to hire a bookkeeper to set up QBs for my business. I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include? What will I need? How long should it tak...
Dennis Rogov
Private Money Broker
Hello,What is the legality for someone to become a private money broker.. Is that something that can even be done ?In my eyes what does that mean; 1; It is an individual or an LLC that has established relationships wi...
Yannes Chiang
Tenant went to a mental hosipital
I hope you can share your insights with me. One bedroom unit tenant (the only tenant on the lease) has not paid rent and is hospitalized in a mental hospital, haven't come out yet. The lease will end on 6/30/3019. He ...
Jason Mak
Offering my Retail Tenant a Credit line on past due rent
Hello Bper's
I recently acquired a retail building and I have a tenant who has trouble paying his rent. His rent is 6k a month and he is sometimes able 3000 in two separate payments. His business is somewhat seaso...
Alton Johnson
Offsetting W2 and capital gains by investing into real estate
I've been lurking around for quite some time and finally at a point to where I can make some major moves in real estate. Aside from capital gains that I have to offset this year, I am also now an W2 employee and fall ...
Matthew Raby
Purchasing first investment property under my LLC
I am looking at purchasing my first investment property (Duplex) under the name of my LLC. The LLC has been established since 2008. I have business credit cards and a long time account that reports my good business st...
Brad Swearingen
Best time of month to close on mortgage?
Is there a best time of the month to close on a mortgage and why? Is the beginning, middle or end of month the best or does it just not matter? Thanks!Brad in Wake Forest, NC