Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
Confirm that the IRA LLC provider will prepare all of the documents needed to not only form the LLC (articles of organization, SS-4 to obtain an EIN) but also the documents needed by the trust company to process the investment of IRA funds in the LLC.3.
Charlene Kingsnorth
Private Lender Loan Servicing Software Fees
15 January 2025 | 15 replies
Quote from @Chris Seveney: @Charlene Kingsnorth have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful good point Chris some state allow fractionalized deed of Trust mortgages other do not or require PPM like documents prior to offering them..
Dean Parker
subject to purchase
16 January 2025 | 2 replies
I would get the insurance in my trust name.
Nicholas A.
How many realtors to reach out to
27 January 2025 | 13 replies
A buyer agreement is the legal document that provides the agent with the assurance that he/she will get paid if they work with you to complete a real estate transaction.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.
Kelly Taylor
Recommendations for a Self-directed Roth IRA Custodian - Equity Trust anyone?
6 January 2025 | 11 replies
If you have checkbook control you’ll have a bank account with a bank that has FDIC insurance up to $250k per account.
Steve K.
Insurance options for multi-family properties
27 December 2024 | 2 replies
Hey BP,I know this question has been asked often, but I've been struggling trying to find an investor-friendly insurance company.
Matthew Paul
L.A county California fires
22 January 2025 | 13 replies
I feel sorry for the people losing everything in the fires , insurance will go up .But I wish I was the guy driving this bulldozer ;t=162s
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
I can pay utilities, insurance, and other holding fees but I won't have enough to pay other cost like listed above.