All Forum Posts by: Account Closed
Account Closed has started 35 posts and replied 70 times.
Post: Why do some investors have their primary residence as a rental ?
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Hi Guys,
I am curious as why some investors live on a house and have the legal class a primary residence ?
Is there a benefit ?
Does it help with taxes ?
Are they able to qualify for more have that property as a "rental" ?
Has anyone came across someone with their primary residence as a rental and asked them why they have it like that ?
I have came across many investors that have their property as a rental when they are living there
Post: Question For All Wholeseler Experts (IRS lien on property)
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Quick question to my Wholeseler experts:
What would you do in the current situation, this is more of a creative financing situation.
Seller agrees on a price to sell you the house, he is selling you the house for a 50% discount of ARV. He has a loan of about 20% of ARV BUT he has an a personal IRS lien to his name 10-15% higher than we you get the property under contract for. IRS puts a lien on his personal property. Property is in foreclosure process he has about 2 1/2 months.
What would you do ?
Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Exactly, I have seen a very good response by posting the down payment assistant program on social media.
Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Hello Guys,
Do you guys target renters ? What is your response rate with them ? Anyone have a good rate ? If yes where do you get your list from ? Do you mail out postcards ? Letters ? Comps of their home ? I am looking to target renters here in the next month.
Post: Question For The Top 1%
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Post: Question For The Top 1%
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Thank you very much guys, what do you mean when you say by the sphere of influence ?
Post: Question For The Top 1%
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Post: Cooling System On Units, What Do You Use ? (Window Units?Coolers?
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Anyone ?
Post: Cooling System On Units, What Do You Use ? (Window Units?Coolers?
- Wholesaler
- Phoenix, AZ
- Posts 97
- Votes 10
Hello Landlords,
Quick question, what do you guys use on your units like Fourplex Fiveplex's ? What have you experienced to be better and economical ?
Coolers ? Why ? Why not ?
Window Units ? Why ? Why Not?
Ac Units ? Why ? Why Not ?