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3 May 2024 | 12 replies
We have a normal REI business with this 4-plex on the side and it takes some juggling.
1 May 2024 | 7 replies
It does not always make sense to have the note recorded on title as it can cause other complications down the road, but that also means much less protection for the lender so it really depends on the circumstances.
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30 April 2024 | 9 replies
I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address?
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2 May 2024 | 5 replies
As I've been learning, there are the key taxes to understand when investing into a new area or state:- State business income tax (if you have an LLC)- State personal income tax (if they want to tax you too, even as an out-of-state investor)- City personal or business income taxes- Any registration fees due the city/state- City/state property taxesAnd I'm sure more!
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2 May 2024 | 2 replies
Thoroughly research the industry, field, business you’re interested in to see if there’s a “niche”, unique approach, unserved customer base, or anything similar that can be exploited to earn income 3 standard deviations above the mean.
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2 May 2024 | 9 replies
So, whether it's an electrician, plumber, title company, or property manager - let's get this answer from other investors in your market.
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1 May 2024 | 2 replies
Here are the numbers: Owed: $75,000Appraised Value: $245,000 Home Comps in the area: $1.5 Million I assume we would need to take title as tenants in common with 50/50 ownership?
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3 May 2024 | 7 replies
Then speak with the planner to see what types of businesses / buildings they think are a good fit for the property based on the master plan for the area.
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30 April 2024 | 54 replies
Many states now require new funds and do not do pass through.. its the reason we all are in business us bridge lenders.. also I know in Oregon the title companies demand a full profit disclosure to the seller.. they don't want to be sued for participating in a secret or unconscionable profit act.
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30 April 2024 | 9 replies
I've used Title companies for the handfull of Exchanges I've done, but the last one was problematic.