Sarah Moore
Dissolved LLC owner property purchase confusion
25 March 2024 | 2 replies
Under the laws of most states, when a corporate entity is dissolved, until a court appoints a receiver, the business and affairs of the entity shall be managed under the direction of the trustees of the entity’s assets to undertake the acts necessary or proper to liquidate the entity and wind up its affairs.In the context of LLCs most state laws permit the remaining members (or sole surviving member) of a limited liability company or, if the LLC has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the LLC to wind up its affairs.The title company needs to do its research and not resort to the "you need to reinstate the LLC" position that many default to.
Salvatore Lentini
Considering Wilkes Barre - Kingston PA
25 March 2024 | 8 replies
If I remember correctly, they require the property manager to live within either 30 miles or 30 minutes of the property (I think) therefore if your out of state they will require a local person.
Sole Angel
How to know a real lender?
25 March 2024 | 6 replies
You may easily look up the person on the NMLS site with their licensing number and find out if they are authorized to conduct business.
Abdullah Hamididdin
How are you finding deals in this market
25 March 2024 | 14 replies
I personally reach out to owners via email and target small multifamily properties.
Hoa Nguyen
What criteria do Hard Money Lenders look at?
25 March 2024 | 7 replies
and any other needs I need to prep for when going this route.Hard money lenders will look at your personal credit, prior experience, and the subject property.
Matthew DeMichele
Any great real estate tax specialists in Phoenix that you'd recommend?
24 March 2024 | 3 replies
Even though I'm a CPA, I personally use turbo tax and I own 20 units.
Layne Higgins
Want to keep current home for rental and buy a new build!
25 March 2024 | 3 replies
We are trying to move to a different part of town for financial, and personal reasons.
Jeremy Willcoxson
Withdrawing my 457b money to purchase another rental
25 March 2024 | 5 replies
My 457, you could not cash out till a person left the department.
Diana Rosett
Time Sensitive! Need Immediate Legal Help in MA.
24 March 2024 | 6 replies
Your only recourse is as to the individual borrower, IF they executed a personal guarantee at the time of the loan origination.
David Spurlock
Investing In Aircraft Hangars
25 March 2024 | 8 replies
I guess I’m lucky that I don’t have to deal with an FBO - I only have to deal with the city.Here’s a funny experience: just today I was reading an article from Auburn, WA where they have an 84 person waiting list and the city is creating an opportunity to build more hangars.https://www.auburn-reporter.co...I think the US and Europe aviation markets are on an upward trajectory and with the UAM markets picking up steam, Airport Development is going to be lucrative.I’m just trying to get my first hangar project started so I can do more of them.