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23 January 2025 | 7 replies
A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!
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23 January 2025 | 5 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
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27 February 2025 | 30 replies
I would hope he/she values their reputation and future business more than a couple months rent on two properties.Don't despair, there is a path forward out of this.
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14 February 2025 | 161 replies
There is no 1 universal path for all.
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10 February 2025 | 16 replies
So path of progress.. took till 2020 until development happened around me and that unbuidable property I paid 28k for I sold for 2.2 million to a developer..
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27 February 2025 | 316 replies
LPs need to ask if they see a path out by putting in new money or if they are throwing good money after bad.
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25 January 2025 | 5 replies
Looking forward to seeing how your path unfolds!
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22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
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24 January 2025 | 6 replies
Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have either or all of the following the most "average joes" don't:1.
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11 February 2025 | 29 replies
You are on the right path, keep putting yourself out there and asking questions.