All Forum Posts by: Al Wilson
Al Wilson has started 1 posts and replied 1062 times.
Post: Apartments vs Motels/hotels
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
It's a discreet market.
Post: LLC, Series LLC Kansas City MO
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Good question for your local attorney.
Post: LLC question
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Three per LLC is our practice.
Post: Any "near beach" locations for profitable vacation rental?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
We have owned beachfront and near-beach property from Mississippi to Florida. Unfortunately, there is no such thing as one that cash flows if you use leverage. You have to enjoy using it yourself to make it worthwhile.
Post: Doing Your Own Title Searches
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Sure, assuming you know how to do title searches. Good luck.
Post: First steps to finding a private lender?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Attend local real estate investor meetings if there are any in your area. Good luck.
Post: tax deduction on equipment
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Your CPA can answer these questions for you, since he or she is the one who will be signing your tax return. Good luck.
Post: Limited Warranty Deed
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
In Alabama, it is called a statutory warranty deed and it does have ramifications. Your attorney or closing agent can walk you through the risks.
Post: First Time Wholesale Contracts
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Good questions for your attorney. Good luck.
Post: How to get tenants to pay utilities
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Require it in your lease?