Buying subject-to means exactly that.

I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Northridge" or "Los Angeles" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.

Hi all,I'm wondering if anyone has any insights to how to determine what rent you can charge on a property that's subject to rent control that's historically been lived in by the owner.

Hi @Nathan Garrett , Welcome to BP , you will learn a lot here about all there is about Real State .You mentioned a good book , i suggest you read the Book on flipping houses By J scott . it is an awesome book on the subject .and Happy investing ...

Secondly, the direct ownership of equity in a LLC with a Solo 401(k) would subject the income received to UBIT taxation, which is at trust rates and likely higher than you pay personally.

very interested to see replies on thus subject..

The subject property is on a well-traveled and densely populated area.

I spoke to the director of code compliance as well as zoning, and my attorney also verified independently...here is an article.Hallandale city managers erased millions in code violation fines with little oversightThe only risk may be if this mess drags on, and they change the policy, then it may be subjected to commission hearing.After checking with their building department, they also told me if I commit to clear all violations, they will give me a nine month time frame to clear the issue and halt the daily fine while I resolve things so it will not pile up further.

Not really and real difference unless the L/P has a default provision with damages and that probably isn't done except in unique situations, and no, don't go there as some strategy, damages may be applicable in commercial transactions.Actually, neither one is best as each may be unique.An option doesn't tie up a property as it can be sold subject to that option.

I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Atlanta" or "Duluth" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.