Make sure you and your business partner come up with an operating agreement that clearly defines the roles of each person, how capital contributions will be split, how proceeds will be split, how to end the company, etc.

Virtually all claims for damages will include negligence so if that were the case, there would be no point to LLC's.

Here in NJ we have what's called 'Operation of Law' which basically states that (generally speaking) if more than 2 years have passed since the Mother's death, then title automatically passes to the next of kin (if intestate) or beneficiaries in the will (if testate, and this part is an assumption).

-bump in flooring where living room meets kitchen-sink supply lines cut short-needs virtually all the essentialsHere's the upside:- priced around 100k with comps of same sq ft going for 180-220k (most of which could use updating). fwiw, it sold for 350k at peak of market- up and coming area- strong rental area (close to a college)Is this worthy of buying to rehab, rent, and resell in a couple/few years (after the area has gentrified further)?

I bought a property two years ago in NC through a turnkey investment operation.

It's kind of ironic that it's mostly the big players that benefit from the stock market -- CEOS, hedge fund operators ...but it is an investment that is marketed to the average employee/investor.

County assessor for tax purposes has nothing to do with a value of a house.All of these tax assessors operate differently and use different formulas to come up with an evaluation.

LOL Your dad is a heck of an operator/investor, follow his advice!

I am sure the market in Anchorage and Alaska operates very differently from many of the other states.Who is holding your loan now??

I am currently working on re establishing my lease option business to supplement some more cash coming in by looking into a virtual assistant to put in the time of talking to people and screening tenants.