Noah Norton
Wholesaling, Flipping, Buy and Hold? Which is best to start with?
I am fifteen years old, and I was first introduced to real estate investing a year ago. I read a free Amazon ebook about wholesaling. This book was written by a "guru" and was essentially a big advertisement, however,...
Taylor Jennings
Sell a Property Turnkey or Sell a Note and Hold Property?
I just deleted about 30 lines of rambling in this post... I cut the fat.SCENARIO 1Would you sell a Property at 10.5% CAP for $48k (19% Equity) to make $16k and be clean of the house?orSCENARIO 2Would you sell a Note a...
Chris Mason
Question for tax pros about S-corps.
Sally and Johnny are both the sole owners and employees of a pair of unrelated S corps in the same city. They don't know each other, but Sally and Johnny make and sell widgets. They both also W2 themselves $50k/yr, wh...
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Chelsy C
Flipping properties without LLC
What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
Hi, everyone. I wish everyone knew how great this strategy is, so I'm trying to spread the word. I'm not selling anything, just trying to let people know how it works. When you're paying your mortgage month in and mon...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Jordan Bentz
Investor worker profit split
I am wondering what a good profit split would be for one individual being the investor and the other individual doing all of the manual work. The investor will pay for 100% of the house and renovations for the house t...
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...
Justin Brin
Will you rent your house for short term rental arbitrage?
Will you rent your house for short term rental arbitrage?What to watch out for?What you think will cause more ware and tear on your house. Short term rental or renting it to a family long term?