I'm sure it's been asked NUMEROUS times, but, how easy is it to put a property under contract in an LLC and then wholesale the LLC to an end buyer in a double close?
Looking into this exact approach now. what are the...
As the description says, I have access to and offmarket deal I stumbled across in west virginia, it's a older couple that is looking to sell a unique property in the mountains of eastern WV. It abuts george washington...
I have friends interested in joining the REI ride. They want to come onboard as investors/partners. Should I open new LLC with them as partners? I will have bit of my funds and will be doing all the work (finding prop...
I am interested in hearing what others are are able to realize for Net Income as a % of your gross revenue on rental properties. This would be net of all mgmt fees, repairs, taxes, insurance, etc. I just analyzed the ...
Hello,Do I need a Duval County or Florida business license to buy, sell and rent properties in Jax if I Operate under an LLC? Currently focusing on SFR but planning to scale up to SMF in the near future.Thanks.
Hi,
There we are looking in to buy a 2nd cabin as an investment. We currently have one that is listed on VRbO etc.
How much cashflow would you like too see from it to make its a good deal?
If the cashflow is abou...
I have a deal in working on, I'd like to get some feedback on.
There is a property that is going through tax foreclosure but there is no sale date set. I have talked with the owner and they are willing to sell the p...
How does one account for seller concessions from the HUD-1? Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...
Hi, I am a young guy who likes to work with his hand and I am trying to get some rental properties. Over the past 6 months I have developed a friendly relationship with my landlord. He has expressed an interest in sel...
Hi All,need to verify some calculations from my accountant. Need only rough calculations/numbers as I understand that the numbers depend on my income. bought a house in 2010 for 136k and sold 2020 for 340k (cap gain a...