The past days I'm researching ways to better systemize better my REI. So far since I have only 4 rentals the free version of RentecDirect works just fine, and if I decide to get the very affordable pro version I will ...
Hi Everyone,Wanted to put this out there for some knowledge, feedback, and to share with some of the other wholesalers out there that honesty really is the best thing you can bring to the business. This following sto...
I am putting in my first offer on an investment property. (in Ontario, Canada) I think the numbers work well, however it will be a major renovation. (I'll put the numbers and property up if I am successful on the offe...
Hello all, I just discovered this forum and I cannot believe what a great resource it is. I am currently looking at a few options and I am struggling to find what I think is the most strategic answer so I'd like to la...
I began doing this article, after having a conversation with my partner, and thinking back to constantly hearing from family, friends, colleagues, and myself included. “Some day I am going to…….” Then the line would b...
Whenever you present to a private lender, do you have a template package that you modify on a deal by deal basis? What is included? I am trying to put together a template that I can present to private lenders as dea...
Hi All:
I'm working a deal with an abandoned property that has an old Associates Financial Services Company attached. It originated in 1990 and I was under the impression, from researching my county recorder's office...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
Hello and thanks in advance for any insight!I have been doing superficial research on Tax Liens for a while now, and I'm ready to take the plunge in 2015 with a small amount of "test" or "play" money...maybe $1000. I ...
Okay BP...
Just talked to my first seller today. He owns a vacant property that needs a ton of work. After speaking with him he definitely seems eager to get rid of the property, he owes 3 years of back taxes on the...