Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
@Sarah MooreI think there are 2 separate questions here - should you manage your own properties?
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
This is going off the original topic - I could post as a separate topic.That is super helpful for those looking out of state.
Nicholas Cavato
FHA vs Conventional with LLC involved
23 November 2024 | 15 replies
An LLC creates a legal separation between you and the property, so if something goes wrong—like a lawsuit or debts related to the property—your personal savings, home, and other assets are shielded.
John Kelly
LLC at homestead house hack
22 November 2024 | 7 replies
An LLC does not provide much legal protection, it acts as a legal firewall to separate assets.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
Have separate bank accounts for each LLC and never commingle personal funds or funds between LLCs.
Antonio Pican
Structure deal on new construction spec home with construction financing
19 November 2024 | 1 reply
Do I draft the contract price for higher than the actual build price that would include our estimated profit (sell price) or would a separate agreement between the lot owner be sufficient enough that outlines the deal since we don't know the actual sell price until it goes to market?
Jessica Howell
Funding LLC's, deposits and draws
19 November 2024 | 12 replies
Always keep personal and business accounts separate, document all transactions, and consult a CPA or attorney to ensure compliance and maintain liability protection.This post does not create a CPA-Client relationship.
Marita Jojo
Tenants locked themselves out at 10 pm
23 November 2024 | 20 replies
I am not driving 2 hours to let her in though if the roommate under a separate lease isn't around.
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
Because I have created a “hassle” situation for myself by going down the LLC rabbit hole I have separate LLCs and separate bank accounts.
Bruce Woodruff
New to me - How to handle Buyer's agent now?
21 November 2024 | 6 replies
If lenders would consider a 2-3% buyers agent commission as part of the purchase price and LTV based on this (contract price + buyers agent commission) we can end this Byzantine step of the buyer’s agent having a separate agreement executed with the seller for the seller to offer to cover the buyers agent commission.