The corporate life is becoming very monontonous and way to political these days so I am taking the plunge to learn a bit more about REI to hopefully someday (soon) make a leap and fulfill a dream.My experience is limited to a few books, some great reads here on the BP forums, growing up in a DIY family (so I am pretty confident in basic carpentry), and priding myself with common sense.

But, one missed step and the whole house of cards will come crashing down.With a good liability policy there is nothing wrong with holding properties in your own name, there is nothing wrong with holding them in a trust or LLC or corporation.

Learn it all, don't go in with a preconceived idea that the material has to be applicable to RE as most won't be initially.It gives a big picture of management concerns in business, you'll probably look at examples from large corporations like GE or Ford and you'll look at small operations.

Please let me know if I am missing anything obvious or any recommendations to define the list.Pre-foreclosure list-2022Geography: City: BloomfieldMortgage: combined mortgage LTV- 0-60%Property: SFROptions: Absentee owner/owner-occupiedOptions: Exclude corporate ownedOptions: both mailing and propertyMy goal is to reach to motivated sellers with some equity within the property.

A non-profit in DC is interested in renting a row house in DC for their corporate housing.what is different about doing this than in renting to a person?

This can kill your perceived protection as comingling funds is cause for piercing the corporate veil.

I was far more aggravated and less compensated during my years in the corporate world.

I have worked in corporate America for exactly 20 years after getting my B.S. in Computer Science in 1993 from Western Illinois University.

Account Closed to assign an REO you can do one of two things.You could set up an LLC or Corp and contract in your company's name...when you find a buyer you would sell your Corp or LLC to your end buyer through a Corp resolution.OrYou could create a land trust which is fairly simple to create and contract with the land trust you created and simply relinquish your control of the trust to your end buyerAnd of course you could do a double close but either way you would have to have an LLC set up.

If your property is in a LLC you have to spend it on the LLC if you borrow and pocket the money it opens the door to pierce the corporate veil.