Account Closed
Should I become an LLC?
Hi, my name is Hunter. I'm looking to start wholesaling. I have done a TON of research on it, so I feel like I have enough understanding to where it's time for me to start actually doing something instead of forever t...
Angie DeRubeis
When do deductible expenses start?
Are cost of legal fees and renovations before LLC is formed deductible expenses?
Brian Fazekas
Just Getting Started as an Agent
I decided to make the plunge and get my salesperson license after flipping 20 homes over the last 8 years. It will be nice to capture some of the commission while doing something I love. Lately I have been trying to...
Jose Alonso
Miami investors, where are the deals?
Hey guys and gals. I'm in Miami currently shopping for my second rental property whoo hooo, but I'm having trouble finding good deals. So I thought I would ask you all. Where are you guys finding good deals? Whole sel...
Alex Silang
Going from part-time to full-time RE
I don't think I'm the only one here who yearns to work full-time on RE. Lets discuss this.
Assuming 10% cash on cash returns, if you need an income of 50k a year you would need 500k in investment capital. Act...
Micah Redden
Qualify the property or the lead first?
Hey Guys,When you receive VM's as a result of a direct mail marketing campaign do you qualify the lead by calling them back or do you do some cursory research of the property before returning the call? Trying to esta...
Flavio Zanetti
New FHA Regulation for HELOCs
Folks,I was in the process of increasing my HELOC limit when BoA mentioned there is a new FHA limitation on HELOCs where the total number of mortgages someone can have in order to have a HELOC (bear in mind I was just...
Drew T.
Cost bais on 1031 exchange
Hello,
-I cash-out refi'd a SFR approx 3 months ago. Had a unsolicited buyer approach and make an offer to buy my SFR last month. I accepted the offer, Purhcase Agreement has been signed. Can I still do a 1031 exchan...
Chris Hayes
Newbie from Oklahoma City
Hi, everyone! My name's Chris and I'm interested in getting started in real estate investing. I'm interested in cash flow at first, but also building up my wealth over time. My ultimate real estate/business goal is to...
Eric Davis
One Loan-Multiple Properties?
I've been looking at a couple of cheapo houses in the area around me. Most of the prices are under $50,000 and have had trouble finding a loan company that is even willing to fool with something so cheap. Is it a po...