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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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27 January 2025 | 6 replies
I consider the two best sources is from other trusted contractors and other RE investors.
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21 February 2025 | 30 replies
In fact I have lost quite a few clients who didnt want to trust my judgement and went for lower tier properties with another agent instead.
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29 January 2025 | 23 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
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27 January 2025 | 12 replies
It’s also helpful to build a small network of trusted vendors and tradespeople you can rely on for future projects.The BRRRR strategy can be a great way to scale, but I’d advise budgeting some extra cushion for unexpected costs or delays—it’s almost inevitable.
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23 January 2025 | 23 replies
She only signs to allow the mortgage/deed of trust/security instrument to be recorded.
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23 February 2025 | 39 replies
It's much easier to trust a seasoned seller that has been in business for many years and knows how to properly guide owners when they want to sell their property.
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14 January 2025 | 1 reply
I've heard that some people have used a trust account or something similar as a method of income, if you can prove history of payments and continuation of these payments.
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27 January 2025 | 9 replies
Have her do both a will and an irrevocable trust, with you getting the house.
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21 January 2025 | 14 replies
TRUST ME!