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I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
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Seen a post today about wholesale companies. In the real estate investing world or any investments you should always do your own research no matter anyone tells you. Should never go into a property without asking mo...
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Hello,I am currently working on a deal that will allow me to build a 20 unit condo in Queens,NY. The owner of the property wants to build on it and the current house is paid off; I am only trying to get financing for...
From my research, Wisconsin laws surrounding broker status appear to be more transparent and strict as compared to many other states. So for those wholesaling in WI, have you obtained your RE license?If not, what is y...
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So my question is, I want to check a property for possible "extra liens" (irs, mechanics, tax lien, etc). What county offices do I go check? Once doing that, and then let's say I bid and win a property at auction, do...
Hi thereI’ve heard it a few times now and still not too sure the big difference with buying the initial BRRRR property with your own cash? If you are able to work out the numbers that allow you to put 5-20% downpaymen...
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Hey guys, My partner and I are looking at getting home (3 beds, 2 baths) and utilizing the other two rooms to Air B&B out. We are located in Scottsdale Arizona and recently we have been having a huge influx of eve...
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I have been doing some direct mail marketing and cold canvasing which resulted in my first solid wholesale lead. After the initial phone call, I can see that the owner is motivated (kept asking if we could close in t...
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HI All, Would love to hear from anyone who may have purchased a motel. I am looking at a small 16 unit motel and would love any feedback on owning one, do they generally cashflow if there is enough demand? Are they...
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Hello, this is my first post.... yahhh.
I have 2 kids 11 and 13. I want to get them started thinking about money in the right way. My 11 year old is definitely going to be a saver and I fear that my 13 year old is go...