All Forum Posts by: Neil G.
Neil G. has started 58 posts and replied 219 times.
Post: LLC for rental properties?

- Investor
- Socal
- Posts 222
- Votes 34
i'd be concerned about potentially more corporation fees and/or tax dollars going towards stuff like war =L
Post: Being a RE agent, but also wholesaling deals?

- Investor
- Socal
- Posts 222
- Votes 34
most if not all Brokers have developed strict associate guidelines such as a total BAN of dual agency on any property in which there is an agent/broker OWNERSHIP interest for whatever the time period (ie the contingency contract u assign as a wholesaler).
Post: Trying to get my First Multi Family in Southern California

- Investor
- Socal
- Posts 222
- Votes 34
PVP (including the less jumbled up blocks/areas of san pedro) is synonymous with luxury (unlike Compton and increasingly many urban areas of socal) so at least there is value added / luxury potential appeal to any multifamily you invest in, ie get as a fixer upper deal and actually hold long term for rent cashflow - as opposed to flipping(which subjects u to capital gains).
Post: Double lot in Avon Park, FL: Custom Home or Manufactured?

- Investor
- Socal
- Posts 222
- Votes 34
guess Avon Park is still dead afterall.. did the ever build the airport?!
Post: Why is there so much vacant commercial real estate?

- Investor
- Socal
- Posts 222
- Votes 34
yea retail definitely beats 'office' space but in this dreadful economy both are lagging
Post: Long Beach / Lakewood / Signal Hill ESCROW companies

- Investor
- Socal
- Posts 222
- Votes 34
any?
Post: Listing Your Property While there is Still a Tenant in the Home

- Investor
- Socal
- Posts 222
- Votes 34
generally more cons if SF and more pros inf INCOME.
Post: Do You Refund Rent If You End Lease Mid-Month?

- Investor
- Socal
- Posts 222
- Votes 34
Interesting, looking to see how Ohio law deals with this situation where landlord gives 3 day Notice to Quit for drug related activity, tenant moves out leaving behind both the rest of the month (?) and security deposit.
Post: Conficting information on NOLO

- Investor
- Socal
- Posts 222
- Votes 34
Good catch. Well does Missouri law actually require a wait of 5 days? Or is just reasonable time (which in Missouri might in precedence be set at 5 days)??
Post: Tax treatment - Lending for a fix and flip

- Investor
- Socal
- Posts 222
- Votes 34
If I understand correctly, he gives you some of the profits when its sells, from which capital gains is taken out (already?) on his side?