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19 January 2025 | 56 replies
I personally don't know of their group but figured id link that article since i remember reading it and the name clicked.
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17 January 2025 | 1 reply
I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.
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14 January 2025 | 1 reply
Anyone could figure it out.The rental is in my name only and always has been.
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2 January 2025 | 16 replies
Paying off the mortgages negates one of the biggest benefits of investing in real estate, leverage.
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11 February 2025 | 4 replies
They won't care if you talk to their manager or supervisor, because at the end of the day, a lot of these LOs work under the company's license and name.
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15 January 2025 | 13 replies
It also identifies signer names within the documents, allowing you to uncover the owners behind the ownership entities.Currently, lenders primarily utilize the platform to monitor client and bank activity, but we're exploring options to tailor the tools for investors.
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13 January 2025 | 3 replies
If you want to fix it up while it’s still in their name and then sell it tax free, fine.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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20 January 2025 | 23 replies
that is more a RV park. the MBH parks down here. we typically own the land, lot, and trailers. there is a reason but long story short, if i just own the lot and they dont pay the fee. i do not have the biggest teeth to push the need for my money. but if i own it all, my experience says it is a better path
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9 January 2025 | 28 replies
So cash flow isn’t the biggest concern.