Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
I am wondering if transferring the cash periodically to a standard brokerage IRA account may be my best option.
Adam Hardy
Putting rental under LLC
15 January 2025 | 1 reply
Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.
Ricky Smith
Advanages of setting up a separately run management company?
13 January 2025 | 3 replies
Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
It's a good time to review markets, but living in China there are a lot of other closer, international markets that could be options as well.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Transfer of the Property or a Beneficial Interest in Borrower.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.
Tammy Elias
Change in Management
15 January 2025 | 8 replies
If they did, the previous manager is obligated to transfer those funds.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
Andrew Rodriguez
My Involvement in Fixer Upper
13 January 2025 | 9 replies
.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
Andrew Slezak
Quitclaim to LLC?
4 January 2025 | 4 replies
I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.