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17 September 2024 | 2 replies
So I need to file the Statement of Claim, and have questions about the form and process.Do I complete the form, have it served to the tenant by personal service, then file it with the court?
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18 September 2024 | 6 replies
@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.
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18 September 2024 | 7 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
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17 September 2024 | 11 replies
The Series (child) should file an assumed name with the Texas SoS to connect the Series with the Series LLC (parent).
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17 September 2024 | 26 replies
We ran title and there was recently a $20k lien filed by a property manager.
17 September 2024 | 3 replies
I asked him to board things up and talk to the police, which was mutually beneficial to us (he also filed a separate police report), and I paid for the materials for the boarding.
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14 September 2024 | 5 replies
. $ _________ (the “Principal”) that I have received from _____________________ (the “Lender”),
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15 September 2024 | 22 replies
At the time of closing, the Authority will charge you a one-time administration fee of up to 4.99% of the principal amount of the assessment on the Property to cover the costs of administering the Program.
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17 September 2024 | 10 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
18 September 2024 | 3 replies
You could look at filing a complaint against the original contractor - realizing those don't often go anywhere, but it's something.