All Forum Posts by: Account Closed
Account Closed has started 14 posts and replied 43 times.
I'm going to a real estate investors meetup in about 2 1/2 weeks from now and I need some ideas on creating a good business card as a way to get my name out there. Aside from the basics such as name, company, address, phone number and e-mail, what other pieces of information should I put on this? Is it beneficial to have a website created before then? Any advice will help.
Post: Purchasing tax lien certificates
- Rego Park, NY
- Posts 43
- Votes 6
@Jerry K. , thanks for all that information. I greatly appreciate the time that you took to answer all my questions in depth. I'll keep those things in mind when purchasing a tax lien.
Post: New member from NYC
- Rego Park, NY
- Posts 43
- Votes 6
Welcome to BP @James Zhang. I'm also a newbie real estate investor as well that lives in NYC. Aside from going to the resources available for PC, do what @@David Semer says too. Go to some of the REI meetings. Actually, I'm going to a real estate funding & networking party that is coming up on January 19th located at the Gansevoort Park Rooftop in the city. You can register at meetup.com and connect yourself with real estate investors as a way to build your network of investors.
Have another question for everyone out there. It's towards the end of the year and my business entity has not been set up. Are the investment materials and/or books that are purchased this year to help with building the business only tax deductible in 2014 or can it be tax deductible in 2015 when the business is actually set up?
Please help as I'm planning to do my tax returns early for 2014.
Post: IFlip - Cameron Dunlap?
- Rego Park, NY
- Posts 43
- Votes 6
I just recently heard Cameron Dunlap's webinar? For whoever has used his software, please let me know what the pros and cons of using it. Also, how successful were you in finding and closing deals using it?
Post: Purchasing tax lien certificates
- Rego Park, NY
- Posts 43
- Votes 6
I'm learning to invest in tax lien certificates and I do have enough money to invest in one. The questions I have are the following:
1) How can you tell if the tax lien is just a piece of land or dirt?
2) If the tax lien is a house that foreclosed, but is on un-buildable land, on a piece of property in a neighbor's back yard or is near some unfriendly site? I don't believe it's something as simple as looking on Google maps, right?
3) What would you do if you had a tax lien on a house, obtained the rights to the home, but had trouble selling it?
Post: Setting up the business entity
- Rego Park, NY
- Posts 43
- Votes 6
@Rob L. , how much do you pay for grasshopper per month?
Also, I'm planning to do fix and flips to start off my business so would it be better off to pay for a professional service like grasshopper?
Moreover, is your real estate business set up at home or did you need a professional work space?
Post: Setting up the business entity
- Rego Park, NY
- Posts 43
- Votes 6
For anyone out there, did any of you need to create a business virtual office or a business phone number when setting up the business? I just want to make sure I'm setting everything up properly. Also, did you need a business fax?
Regarding the business address, will a UPS address with a mailbox number suffice?
For a business phone number, are we allowed to just create a Google voice number and use that as our business number?
Post: Closing deals
- Rego Park, NY
- Posts 43
- Votes 6
I know the rules are somewhat different in different states, but when closing on a piece of investment property, do you use an attorney or title company? Also who is the person that closes the deal?
Post: Multiple forms of financing
- Rego Park, NY
- Posts 43
- Votes 6
What would be your top 5 sources of funding without using any of your own money?