All Forum Posts by: Account Closed

Never mind...I just like something simple. I would like to just own the deed then.

@Dean Poff ii How do you declare 'quick claim deed'? Do I just have to mention it to the closing lawyers and pay an extra fee?

@Dean Poff ii That's an interesting idea. I am only buying it for invesment just to clarify, not living in it. But I guess that's what you're saying. Thanks for the help.

@Bob Okenwa I'm applying for a loan in my name. I haven't created an LLC in Massachusetts yet. Do you have any recommendations on how to set up one? Thanks for the help.

Hello, When should an investor register for an LLC if they are applying for a mortgage loan? Shouldn’t the LLC be registered before applying for the mortgage loan since the name on the deed will be the LLC?

There's a property in my radar that seems to be inflated in property tax value comparatively to other surrounding multi-families. This seems to be erroneous. Can you challenge the accessed value and estate tax?

@Ray Johnson Thanks for the reply! Overall, how do you find them in terms of maintenance? I've spoken to a few investors around here, and it seems like they find the white collar tenants with education background and a nice paying job are more demanding, which is a hassle.

What kind of tenants do you prefer? The blue collar types or the white collar types?

Would you invest in a property with knob-and-tube wiring in a property with tenants? 

@Michael Badin I'm in the process of buying a property. It sounds like you want to structure an LLC first before write down the ownership party on the deed.