Erica Wilson
How Do I Create An LLC And Should I Hire Someone To Help Me?
31 October 2024 | 5 replies
Using an attorney, CPA or a 3rd party as agent is smarter.2) Having an Operating Agreement---Without one, you don't have a viable LLC and highly likely a judge will set it aside.3) Buying a property in your name to get a FNMA/FHA/VA mortgage, then transferring the property to an LLC via QCD.
Rene Hosman
Paint sprayer or power roller for painting an entire condo?
27 October 2024 | 4 replies
The longest time with the sprayer is taping everything down, but once that's done it's pretty easy.
Cody Anderson
House Hacking with friends or family? Share your pros/cons
31 October 2024 | 18 replies
The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?
Kyierris Miller
Wholesaling land and wholesale?
27 October 2024 | 2 replies
there are 3 or 4 companies that sell how to programs normally about 2k to 3k.. this will give you the basics.. or you can try to find a used set of books tapes on E bay for 50 bucks or so.
Rob Bergeron
Niche Halloween Riddles, Only Seasoned Investors Could Figure Out
31 October 2024 | 0 replies
"A phantom steps into the fray,Assuming roles before the day.Contracts altered by unseen hand,Transferring rights as if we planned.An eerie change without a clue,What silent act do I pursue?"
Dan Gandee
My "Cash For Keys" Strategy For Dealing With 100's of Stubborn Tenants/Squatters/Fam
29 October 2024 | 5 replies
I'll then take a picture of it in their hands so I have proof it was provided.Make sure to have new locks installed the day the key transfer happens.
Alex F.
Lisbon - Portugal - Does anyone here own a rental there?
29 October 2024 | 6 replies
And the STR licenses are not transferable.
David Matthew
Thoughts on my 1031 re-invest strategy?
2 November 2024 | 19 replies
You seem like a seasoned investor, but many folks hold the properties all in their own name and while you can do an LLC transfer, being able to "wipe" your portfolio and start a new as a smarter investor then when you started is really nice if you can do it in a tax efficient way
Emilie Pa
Which professional to contact for transfer of property
22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
To scale in this niche would you recommend increasing your portfolio of SFH homes and then transferring your portfolio into higher end MFH in the future?