We are still new to the investing thing and looking at getting more involved in it.

Lots of husband wife teams could have much lower overhead than a company with 8 others involved holding more properties.

Just a Brian said...Also, keep in mind that an LLC can be taxed exactly as an S-corp if you make the appropriate election.And Minh's point is why you should have a CPA involved -- your CPA can help guide you to how much is appropriate to pay yourself as salary vs dividend.

Land is a different sale than SF homes, and usually involves a different buyers list.

Bank denied my offer, they are doing "highest and best" even though I offered the sale price of an equiv unit 2 doors down that sold last month.

Since this is from your father, if any claim arises you'd have to sue your dad who would then make a title insurance claim to defend your suit, and that would have issues being related but sometimes not, depends on the title insurance companies involved.

I think you're better off not going the 3 stories, due the added cost involved, and probably not as attractive to tenants.

Now somebody is confused - either me or you - we'll figure it out soon enough.Are you presenting this offer directly to the listing agent yourself, so that the listing agent will be the only agent involved?

OK, so at this point I'm a newbie.My orientation is to want to put together deals that are a "win" for everybody involved.

If so, you need to know what it says.If I were you, I would not get involved with resolving the dispute between the master tenant (your tenant) and the subtenants.