Winfred RidleyPro Member

In California, if I want to sell my share of an inherited home to a family member through owner financing, is it possible to charge zero interest, say through a ten year pay back period or is there a minimum interest rate requirement? 

The Holding company will be the "Member/Owner" of the 3 LLCs (2 property holding LLCs, and the new Property Management Company LLC).The purpose for this then would be that I would really only need to manage "books" on the property Management LLC, and because the Holding company was the owner of all 3 of these LLCs, I could use the property Management LLC to pay all of the bills, collect the rent, maintenance etc. 

I am just curious whether Bigger Pockets members have been actively pursuing Reno, Nevada, for investment now that Tesla has disclosed they have broke ground near Reno for their planned "gigafactory".  

Hi BiggerPockets community, I’m Jordan! I am currently based in the Portland, OR area, however I will be out of the country for this coming year. When I return, I will finally take the plunge into RE investing. I’m ex...

You will also have the need to have annual member meetings and annual manager meetings for the Shell (slang for the LLC).

Hello everyone, I’m 48 years old and currently rent with 5 family members. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Very true, you make your money when you buy and that formula is dependent upon your search abilities, how big of a net you cast to find opportunities, your negotiating skills, your ability to identify great locations (often near good schools), and your ability to transform the property.

There are some members that are interested in multi family however, myself included.