Mike Louis
Corporate Structure, Multiple LLC, Parent LLC, etc.
14 April 2021 | 4 replies
I intend on purchasing investment properties each in their own individual LLC for legal protection so if something goes wrong in one, it won't effect the other.I also however want to build a brand, a face to this as an investment company to use on the Website, advertising, deals, ect.That said, if I create another LLC or SCorp, "XYZ Investments" that owns all of the LLCs (rental properties) is that wise to do?
Ryan Phillips
Does military retirement pay count as W-2 income for life?
11 April 2017 | 10 replies
For example if the current BAH rate is $2500 my lender is effectively counting it as $3,000.
Andrew Lapham
Newbie in Longmont, CO
19 March 2017 | 14 replies
A friend recently purchased a new build, and a week later the price went up $30k, effectively giving her $30k in equity.If you look to Greeley, make sure to be upwind from the meat packing plant.
Travis Donley
Bought house, found out HOA is using our well, what to do...
15 March 2017 | 10 replies
The well pump is on our house circuit breaker also, so we ARE paying for it, in effect.
Elyse N.
Question about the BP 4 Square Method
15 March 2017 | 4 replies
I am creating a Google Spreadsheet that effectively calculates ROI for me.
Eric F.
Flat fee listing questions and/or recommendations
26 January 2019 | 15 replies
You manage showings, negotiations, etc.You can stipulate cash Only ... all MLS have this option or you can put it in the description wording.WE have listed more than 2000 properties via our Flat Fee Services .... it is simple, straight-forward and effective.
Justin B.
Seattle Starts First One to Rent to Law
11 September 2017 | 33 replies
Once offered Tenancy, they are given an opportunity to accept the lease for 48 hours.In Effect, all this has done, is landlords now require 60 days notice of termination of a lease, and they start advertising the property sooner.
Russell Brazil
What Is The Weirdest Local Custom or Law Regarding Real Estate?
15 March 2017 | 5 replies
@Russell Brazil lots of land leases in Hawaii.... was not aware that was the case in your area..one oddity in the NW west is how Timber is treated as real property while its standing and is personal property after it is severed and harvested.So you can buy and sell timber deeds .. you can 1031 timber deeds.. and this is just the standing timber does not effect the land underneath.
Jonas DeVita
growing into the multi-market
17 March 2017 | 6 replies
Going from SFR to MFU can be done effectively using the 1031; you're trading up in value and deferring the capital gains.This was my path where I closed with 95k on the sale of the SFR and used that to get an LTV of 70%(not the bank requirement) on a 6-unit.
Kelvin Lee
Since when the landlord becomes the tenant personal banker?
3 April 2017 | 23 replies
@Kelvin LeeThe term you are looking for is called "regulatory capture" and we have certainly seen that big business is now a strong supporter of left wing politics in an effective effort to drive smaller competitors out of business.