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17 September 2024 | 20 replies
It’s really not hard to find someoneFor example people who buy a loan in their name and move it to LLC - some say for asset protection and some say to hide their name - well the recorded mortgage is still in their name and it’s a quit claim deed to a LLC so it doesn’t take a rocket scientist to figure who owns the LLC
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17 September 2024 | 4 replies
IMO the best investor contracts are short and simple enough so as to not be intimidating to sellers, but comprehensive enough to include all the necessary buyer protections and local requirements.
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16 September 2024 | 1 reply
Having a good understanding of how to underwrite industrial deals is critical, as there are some major differences between multifamily and industrial underwriting.I built out a custom model for underwriting Industrial deals, has helped a ton.
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17 September 2024 | 11 replies
After much back and forth with our attorney and their regulators, etc they decided series LLC’s should be a part of their customer base and have rewritten their policies to accept them (and us).
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20 September 2024 | 14 replies
They also said they see this problem ALL the time in Philly… when the city or a private individual knocks down a rowhome, they are responsible for treating the exposed partition wall of the next door property to protect it from the elements.
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16 September 2024 | 35 replies
I currently have a few deals I am analyzing and I am close on securing one of them.Not only that, but his LLC guide and plan helped me protect my first property, since I did not know how important is to protect your assets.I like to invest in myself and knowledge, because it’s the only way to get out when your are stuck with investing, so I totally recommend to give his masterclass a look.
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18 September 2024 | 7 replies
I would recommend you speak with your tax advisor and set it up correctly from the start, whether an LLC, Trust or something else.Also consider states different laws, maybe find a state with more friendly landlord protections.
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16 September 2024 | 3 replies
I'd start with Vacasa and Evolve customers in your market and unapologetically state that you are new, hungry, and cheap.
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16 September 2024 | 5 replies
**Insurance Issues**: Ensure the property insurance policy is updated to reflect the change in ownership to protect both parties in case of damage.3.