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23 January 2020 | 38 replies
With a 12 month lease, the renter has the opportunity to remedy lease violations - that makes the landlord stuck with a tenant they know is trouble and will inevitably get rid of.
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22 January 2020 | 6 replies
I am looking to purchase rental properties outside of the state I live in CA, and looking for a lawyer to assess my situation and provide advice on acquiring The properties via LLC or Trust with umbrella INC.
22 January 2020 | 14 replies
Without the 1099-S, you have no idea what the cost basis of the property will be once you acquire the LLC.Basit, in this case, if I told you I bought a brand new LLC that has a piece of real estate as it's asset, won't you need to know the Purchase price?
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4 February 2022 | 4 replies
I'm a licensed agent/buillder who's life game plan is to continue acquiring rental properties and hope to someday build new construction homes.
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20 January 2020 | 1 reply
Besides acquiring my first investment property, one of my goals for 2020 is to start networking more so I can gain additional knowledge and possible find someone with the same mindset to JV a deal with.I currently live in Pasadena, MD and work in Beltsville, MD and I see that MAREIA may be a good fit and the group seems pretty active but do any current/past members have any feedback as its a paid membership and I want to make sure there is value in it (most likely my wife and I would attend so we'd be looking at the couples rate)?
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27 January 2020 | 12 replies
I was fortunate enough to be introduced to one of the largest foreclosure brokers in Illinois and have acquired several properties through this firm too.
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22 January 2020 | 1 reply
Given that wraps dont have the benefit of all of these deductions, a typical wrap providing me say 5% interest and $350 a month looks way less appealing when the $350 is taxed at 42% ordinary income level.I like the idea of wraps because once you complete the deal you are 100% free to move on, mostly forget about it and acquire more wraps.
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21 January 2020 | 2 replies
Great if you already own property, not great if you're trying to acquire more, hence my decision to reinvest into the properties I already own as much as possible until the market cools a bit.
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9 February 2020 | 10 replies
Most of the counties now have a digital portal to acquire these docs.
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21 January 2020 | 0 replies
They have acquired the land for the courthouse and jail already but they have yet to get the land for the new district attorneys office.