Shawn Hyde
Tax Certificate as strategy to control a property
I have a situation that I have not run into before and I'm looking for some opinions.I just purchased a 5 acre parcel, and during my due diligence I found a tiny slice of land-locked land along one edge of the propert...
Scott Titus
Cashflow, Vacancy, late fees?
Further Analyzing rental property. Purchase price $50-60k. Low income area, not a warzone. Not counting on appreciation. Rehab 15K. Here's my #'sHome rents for $900 per month (5-10% below MR). Vac 10% ($90), maintenan...
Mark Forest
Tenant wants to pay full year?
I have had this come up before. I just received a call from a prospective tenant wanting to see one of my SFH who said she would pay the entire year in advance. I hate to sound cynical, but now I am wondering what k...
April L. Williams
Attorney vs. Title Company, Do you Need Both??
I have my contracts to do wholesaling, and ready to get my biz launched. Just have a quick question. In order to do the title search, in addition to closing the deal, do you need a realtor, attorney, title company.......
Steve Wilson
Business Name???
As an investor, is it a "must have" to have a business name?
Kaleb R.
Owner Financing and Taking back 2nd mortgage
Hello Everyone,I hope everyone is well this morning. I’m taking an online class and the subject today is Owner financing. I have a question in regards to carrying back a second mortgage when owner financing. The mater...
Ken Lannon
Questions to ask realtor
I will be meeting with a Realtor tomorrow to discuss my investing goals. I have read that Realtors are an important member of the "Dream Team". I am just starting off and need the help of a Realtor to help me find ca...
Pierre E.
Who Qualifies for IRS-REPS - Real Estate Professional Status?
IRS-REPS Status - What qualifies as Real Estate Professional?I have reviewed multiple sites blogs posts etc about REPS and found very detailed information, but one area still remains less clear for me. There are 11 ca...
John DeRosa
Cash-on-Cash Return Calculation
Hello
I am new to real estate investing and looking for my first small multi-family property (3-7 units) in NJ. I believe I have the COC calculation correct; however, the deals I am analyzing are not even close to t...
Charles Cooper
Should I get a Contractors License?
I am a real estate broker in California and always thought about getting my contractors license so could learn more about doing flip and knowing the costs. Besides that, what other benefits would I have being licensed...