Cynthia Rinne
Finding a Great Property Manager - All reviews in my area don't look good
Hi,I am preparing for my first investment property for a rental :) Due to the high cost of where I live, I will have to buy about 1.5 to 2 hours from my home. The google plus and Yelp reviews are disappointing. I k...
Jeremy Salvador
Best Legal Entity For Investment Property
Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...
Maugno M.
Setting up LLC'S. How should wife be involved ?
I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
Debra Mazzone
Should I Apply for an LLC before I buy my first property?
Hi All - new to investing wondering if I should open an LLC before I purchase my first investment property. Thanks!
Antonio Bodley
Offer price is more than asking price.
Is it possible I can get a home under contract without using the MAO calculation? I was looking at homes from motivated sellers where their asking prices are lower than the MAO I was going to use. If that is the case,...
Mary Jay
Each LLC (entity) files its own tax return
Hi guys,Can anybody explain to me please this...Ive heard from one RE investor, who owns about 300 properties, that his accountant files a separate tax return for each LLC/trust, etc (if I understood him correctly)......
Mohammad Khudirat
Investing as a doctor
Hello everybody.. I'm Moe and I'm a young doctor in Texas. I've always been interested in real estate especially in apartment complexes. In a few years, I'm going to start making some pretty decent money and was wonde...
Kevin Reinell
How do wholesalers make offers with no cash?
Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?
Daniel A.
Let Me Unclog Your Toilet
When I hear someone who says real estate is not for them because they don't want to have to unclog a toilet, I inwardly laugh. Sometimes outwardly. You see these people who wake up at 6am and work until 4 or 5, talk a...
Omar Barazi
Wholesaling - Proof of Funds
I’m looking to break into REI with wholesale deals as a way to raise capital for personal investment properties. When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even tho...