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11 December 2024 | 13 replies
Quote from @Alvin Sylvain: I don't know of any special protection afforded you by placing the property in an LLC.
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11 December 2024 | 0 replies
The entity you select can impact everything from how you're taxed to how you protect your personal assets.LLCs are often the go-to for real estate investors because of their simplicity and flexibility.
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31 December 2024 | 97 replies
The Title company not the seller should be holding the earnest money and in Ohio, one important buyer protection is that the buyer always has the right to select the title company.
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15 December 2024 | 7 replies
From my understanding they filed for Chapter 11, that would protect them from any creditor action, any foreclosure, etc.
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12 December 2024 | 13 replies
Take your time and find one that you like and has good protection.
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12 December 2024 | 3 replies
What's my best strategy here to protect myself and to assist with this connection?
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17 December 2024 | 20 replies
Also diversifies our investment harvest timeline. 9.
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11 December 2024 | 12 replies
----------------------------------------------------------------------------------------------------------------I have the cost list for the classes but they state they are tailored to meAll together @ retail - $29,976 without Asset Protection/Entity Structuring - $17,976 Money School Essentials (Virtual 3 day plus 1 year recordings plus access to library)$1891PMC Premier - 1497/PMC Accelerator coaching -2997$5,494PMC RE Performance Bus Tour (12 week RE Coaching) - 7997/VIP Money Tank - 1297 (EACH)$10,591Asset Protection/Entity Structuring $12,000Success Team Tuition - $20,488 WITHOUT ASSET - $12,488 Money School Essentials( Live Virtual 3 day plus 1 year recordings and access to library)includedPMC Premier - 997/ PMC Accelerator coaching - 2497$3,494BUS TOUR/PMC RE 12 week on Demand - 6997Money Tank -2 TICKETS - 997 EACH$8,991API LAW (asset protection/entity/trust)$8,000-------------------------------------------------------------------------------------------------------------------------This has all been over the phone or email.
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13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.
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13 December 2024 | 7 replies
Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!