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4 October 2017 | 4 replies
@Olga Shkolnikova thanks for the response, I'll check out the site.
13 September 2017 | 3 replies
And if no response- send another one next month.
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10 September 2017 | 5 replies
Thank you all for your response.
10 September 2017 | 6 replies
No firsthand experience, but every time I've seen this question come up the responses indicate that for a few small units LLC will not protect you better than simply adding an umbrella policy to your insurance while being more complicated and expensive to maintain.Also many snags to consider such as banks not likely to finance residential property to the name of an LLC, transferring to an LLC later can trigger a due on sale clause in your mortgage, if you mix personal funds and LLC funds to pay for something you can negate all legal protections.
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9 September 2017 | 4 replies
Thanks @Jason Runkle, @Wayne Brooks, @Michael Noto for the response.
21 September 2017 | 8 replies
Thanks for the responses, before I respond, I cant seem to locate my thread via the main menu of the Forum I have to go to the MY DISCUSSIONS section and I never saw it in the new posts section.
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9 September 2017 | 2 replies
In the description of the property agents are saying,"Buyer is responsible for C/O and certs".
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9 September 2017 | 5 replies
One of the guys gives me the numbers at the end of the year to use for tax purposes and I really act like an absentee partner.
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9 September 2017 | 3 replies
My employer offers a 403b with no match and I'm not sure I should take use it if that's my goal two years from now, or if there is a better way to shelter my savings for the purpose of investing in real estate in approximately 2 years.
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10 September 2017 | 2 replies
I haven't read the posting at the link you provided, nor have I done this or any wholesaling either, but if this would be done by the wholesaler taking some form of equity position in the property, in lieu of collecting a wholesale fee, then I would think that this would be addressed in the deed showing the form of ownership as well as identifying the owners of the property (as well as some other partnership agreements/documents detailing ownership structure and management responsibilities).