Richard Thomas
Newbie in Dallas, TX
14 February 2013 | 5 replies
Thank you for sharing your knowledge.I am looking to invest for long term wealth creation and do know that it will take time and effort both of which I am willing to commit.
Randall Greene
Purchase in my name or my corporations name?
27 June 2012 | 5 replies
So, if you're using hard money, the pre-qual letter will either need to be in your or your company's name, whichever is purchasing.The title company will want to see your corporate creation docs (articles of incorporation or articles of organization) to prove the company exists and your operating agreement to prove you have authority to sign.
Lei Li
CA resident trying to decide on rental property investment location
28 September 2023 | 34 replies
The best indicator of a growing economy is job creation.
Brittaney Woods
Is it best to get an investment property in my name or LLC?
5 August 2015 | 8 replies
I prefer single asset entities, but have bought property through my operating entity when the hold term was relatively short.If you are wholesaling or flipping it and will only own it for a short period of time then buying it personally wouldn't be the worst thing (people buy and sell property in their person everyday) but you'll want to at least be aware of some of the potential risks in so doing.If your intention is to hold long term then it might be a wise decision to create a legal entity to take title and operate the property from during the course of your ownership.In addition to getting sound legal advise from an attorney that can help you form the entity (or researching the creation and operation of the entity if you DIY) you'll want to either speak with your accounting or tax professional, or fully understand the accounting impacts of the entity.
Dimitri Carso
Primary residence - to rental -than back to primary residence
2 May 2017 | 5 replies
and you would have to recapture depreciation.We get into this under 1031 quite often and there is actually an additional criteria under the ever so badly named American Jobs Creation Act of 2004 (I'm from the government I'm here to help)
Bobby Valcin
Is driving for dollars the best for leads?
24 December 2019 | 31 replies
It could be that driving for dollars is the exception and not the rule, but it seems that many people have had success, hence the creation of things like the deal machine app.
Chris Stromdahl
RE lawyers, insight on prepping for the first meeting?
23 July 2014 | 8 replies
I am meeting with him to discuss the creation of an LLC and to begin the process of drawing up transaction documentation that is specific to my company and the real estate business I am interested in pursuing.
Michael Stokes
STR Automation Resources
27 March 2019 | 34 replies
All your properties and all listing sites on a single configurable calendar, plus occupancy tax reports, automated rental agreement creation/mailing/archiving, travel and damage insurance for guests, quickbooks integration, door lock integration (not mine, unfortunately), email autoresponders, and more.
John Fedro
MHI Questions on your mind? (Thanks for help)
29 July 2016 | 7 replies
The concept and much of the specifications were the creation of George Allen, a consultant to community owners from Indianapolis who works nationally, and Don Westphal, Donald C.
Tiffany W.
Wife to a new RE agent...need advice/help...PLEASE!
18 October 2015 | 10 replies
In residential new agents drive buyers all over creation.