8 April 2015 | 2 replies
I am looking for a good asset protection lawyer in the Tallahassee to form a LLC for real estate property around Tallahassee Florida.
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9 April 2015 | 5 replies
Most recommend the creation of a LLC when doing a JV to protect people in their investments.
8 April 2015 | 5 replies
Establish each LLC with two (2) members in order to ensure corporate protections are enforced.
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22 April 2015 | 18 replies
(After all, if they're at the point in their career that they are willing to lend their expertise, it takes deliberate effort on their part, and they don't have time to make an effort if you don't reciprocate.)In going to over a hundred meetings in the past year, I've made a lot of contacts with some very savvy and successful folks, and not once did I ask to be mentored.
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10 April 2015 | 4 replies
They are still protected, but all terms aren't broadcast to the world.
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10 April 2015 | 7 replies
Hey Toua, Besides the liability protection, I believe there may be some financing advantage.
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11 April 2015 | 10 replies
I'm not sure you are considering factors such as, off the top of my head: 1) unlike the have-a-pulse-get-a-loan scenarios of yesterday, they are required to have proper debt-to-income ratios and meet reserve requirements so as long as they don't lose their job for an extended period, they've proven they can afford the payment; 2) even in a down market, they will have to live somewhere, so unless rents are much cheaper, which is unlikely, it makes more sense to not ruin their credit, keep paying and stay where they are, especially if they've improved the property at all; 3) these loans are much more likely to be 30-year-fixed, not the ARMs of yesterday that adjusted up to a surprisingly unreasonable payment (many didn't understand what they signed up for until, Wham, the payment doubled on them, so they had to walk); 4) they pay MIP, upfront and monthly, so there is some protection for the lender if they do default.Many of these people would be stuck paying much higher rents, building others' equity instead of building their own, without FHA loans.
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13 April 2015 | 3 replies
I have someone that's looking to invest in multi-family developments however I'm not sure how to protect myself before connecting the two and how I should look to be compensated.
10 April 2015 | 3 replies
Do I need to buy title insurance to protect me as a seller?.