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26 April 2024 | 2 replies
.- The guy with 3,000 posts on BP may be selling you something, like a totally unnecessary $10,000 course or “mentorship”.
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27 April 2024 | 3 replies
Mainly, the LLC prevents a loss from spilling over into your other investments or your personal finances in many cases (though not all).
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27 April 2024 | 5 replies
My goal has been to borrow money for the rehab, rent it out to generate income for the Trust's beneficiaries, and then do a cash-out refi to recoup my down payment and any other out-of-pocket expenses.I believe there are limitations in an Irrevocable Trust, which would prevent me from simply deeding the property to myself or possibly even to an LLC if I create one, even if the end result is in pursuit of my fiduciary duties to the beneficiaries, as Trustee (i.e. making the home inhabitable and generating rental income for the beneficiaries).
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27 April 2024 | 6 replies
the tenants if they seek legal advice would be told that they can delay and possibly prevent the ADU construction.
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28 April 2024 | 20 replies
As long as the case was active the court wouldn't let Ocwen foreclose and the lis pendens prevented the now owner from selling since he couldn't get clear title.
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26 April 2024 | 5 replies
Form 3115 prevents you from having to amend prior year returns4.
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30 April 2024 | 140 replies
I don’t believe Dave is speaking to property investing when he speaks with folk, rather just advising people not to finance another car/boat/jet ski or what have you.As for financing vs cash purchases, it just depends on your goals, the latter certainly makes it cheaper but the former will allow you to acquire more, define your goals and figure out what you need to do to get there.But Dave is right, you should avoid taking debt unnecessarily and in this Dave’s opinion without goals all debt is unnecessary.
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29 April 2024 | 168 replies
Account Closed is correct that the Fulton/Vesta relationship is somewhat unique, but I do not think there is anything in Georgia law preventing Mr.
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25 April 2024 | 3 replies
So the back unit that is newer than 15 years old is exempt from rent control and Costa Hawkins prevents local jurisdictions from having a law that dictates otherwise.
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26 April 2024 | 52 replies
It's going to be more expensive if I have to get someone different, then I have to file to get an inspection and all that - it's basically a bunch of unnecessary BS.