Ash Patel
Irs 170 exchange
I received an offer on a commercial property today. The buyer is using a company called welfont group to do a 170 exchange. I searched through BP and didn't find anything about 170s. I would appreciate any insight ...
Sarah Present
Low Ceilings - fixer upper
Looking for insight from experienced fix-and-flippers or rehab-ers. We rent out a few properties at this point but recently have gotten approved for a home improvement loan, similar to that of a 203k.We found a house...
Jonathan M.
I am buying a Property under an LLC, Do I use the LLC for Leases?
Hey everyone,I am buying a 6 unit property under an LLC, when I write up leases do I sign them all under my LLC name? Also do I need to start separate bank accounts under my LLC name and keep everything separate from ...
Joshua Dorkin
Poll: Should real estate investor clubs allow speakers to market their products during meetings?
We were interested in getting your thoughts about how many real estate clubs (REIAs) profit off the products of their speakers, so we put a poll together.
Please follow the link and vote on your thoughts, as well as...
John Bagwell
Legal Issues Concerning Note Finding
To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
Jeff Warner
Real Quest - Anyone using it?
Does anyone use Real Quest? I'm starting to work an area that I'm not very familiar with and I thought a service like this would help me with COMPS. Keep in mind I'm wholesaling these homes so I don't really want to g...
Nick Reuter
US Treasury Sets Guidance to simplify Short Sales
Not sure if everyone saw this but Reuters had a big article yesterday on short sales.
http://www.reuters.com/article/bondsNews/idUSN3046464720091130
Some highlights:
1. Subordinate lien holders have a cap of $3...
Jeremy H.
Pros and Cons of LLC
I'm a new member in the Jacksonville area. I was an investment analyst for two years for the Blackstone Group so I have the analytical side down pretty well. What I'm not well versed in is hands on entreprenurial expe...
Sam Leon
Let's talk ceiling fans
Does everyone offer ceiling fans in their properties?Being in Florida I offer a ceiling fan in every room.As I turn over a property the first time I would verify every breaker every circuit and pretty much open all th...
Philip Wilson
Advice on first investment property.
Hello all, I am trying to determine my first move whether that will be a Multi Family house hack in the Chicago area or a small house flip at first to accumulate some capital. I would need some time to accumulate a do...