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29 May 2024 | 5 replies
You can learn more here: IRA LLCYou are a disqualified party to your retirement account so you cannot transfer any assets you personally own or a company of yours owns into your retirement account.
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27 May 2024 | 1 reply
@Ash BisariaRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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28 May 2024 | 10 replies
I do get the rent in checks and transfers currently to my personal bank.
30 May 2024 | 25 replies
Personally, I dont get the "BEWARE of KATRINA" sentiment that's out there.Hurricanes happen.
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29 May 2024 | 15 replies
Did you use your LLC or apply for a permit using your personal information?
29 May 2024 | 8 replies
Go someplace with live in person training.
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29 May 2024 | 10 replies
Put together a team with a real estate person, someone to look after your property, loan officers, builders, and bookkeepers.
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29 May 2024 | 4 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
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29 May 2024 | 3 replies
We personally pull our specific criteria lists for residential tear downs for development from Remine and Realist (We have access to both as licensed realtors in NJ for free).
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29 May 2024 | 9 replies
Specifically, how to go about managing unrelated persons living together per county or city ordinance and lease structure.