Lance Edwards, President, First Cornerstone Group, LLC. If you’re familiar with wholesaling houses, let me make a comparison and a contrast of houses versus apartments. First of all, on houses, whenever you wholesale any kind of asset, you have to first determine what the value of it is. On houses, the value is based on comps. You do comparisons, comparables, what do...Continue reading »
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Ron LeGrand By Ron LeGrand, Expert Panelist – Last article, I said we were going to spend the next few issues going through an ACTS or sandwich lease-option...Continue reading »
Joanne Musa By JOANNE MUSA — One way to get multifamily properties is to find tax defaulted properties at a tax deed sale. Here’s an excerpt from...Continue reading »
In this Q&A Video, real estate investor Lance Edwards addresses a query about flipping and wholesaling apartments in New York City. Dave writes: I live in New York City where the house prices are in the Twilight Zone. Should I still try flipping here, or should I look outside the city or state? See below to learn what Lance advises Dave on apartment flipping in New...Continue reading »
By AL AIELLO — LLC’s have all of the legal benefits of a corporation; yet all of the excellent tax advantages of a general partnership; yet avoid the legal disadvantages of a general partnership, yet avoid the tax disadvantages of C corps, S corps and LP’s, including avoiding the legal complications of LP’s and legal constraints of S-corps. More specifically...Continue reading »
BY SCOTT GINSBERG (MyNameisBlog.com) — I judge people by their vocabulary. I believe we are revealed in the language we create for ourselves, especially...Continue reading »
I got started with real estate back in 2002 and my very first training was in how to buy houses nothing down. It was back before we even had webinars....Continue reading »
Ron LeGrand When I want to play, I play. When I go to Alaska, I don’t work; I go there to kill stuff, and I make darn-sure before the day is over that...Continue reading »
Let me give you a little story about how I did 70 properties. When I got started, the first time I did it, it was by trial-and-error, brute force luck. Remember...Continue reading »
Al Aiello BY AL AIELLO – A Nuclear Private Document. The most important LLC document is the Operating Agreement (OA). It is the nuclear, governing instrument mandating LLC business operations. Simply put, it is the heart of the LLC. The OA Versus The Articles. The articles of organization, which is necessary for the filing of the LLC formation, is not a substitute...Continue reading »