Allie K.
Local Arizona Investors/Firms
10 February 2024 | 2 replies
Account Closed , thanks for that info, I'm saving that spreadsheet you provided for future reference!
Socrates Jean-Baptiste
2 family to 3 family conversion Haverhill ma
12 February 2024 | 14 replies
is there any info i should know before hand?
Shailesh L.
Seeking due diligence guidance for Investory opportunity with ROI of 60%+
12 February 2024 | 6 replies
If you are confident that this developer can complete the project on time and budget, while also delivering a product (condos) that consumers in this market want, then your big two risks are handled.Now specifically on this deal: Based on the little info you mentioned, these are about $1.5mm condos.
Peyton LaBarbera
How do you protect your properties?
12 February 2024 | 20 replies
So pretty much what I am getting at is that the holding company and the s-corp would never be shut down but every time I buy a new property a new llc is born and gets attached to my current holding company and when it is sold I close the Llc.I could also add your idea of 1 million of deals within a single llc before closing it to save money but I still wouldn't hold more than 1 property in an Llc at a time.Also, you had mentioned that you would worry about people who could come back and sue me but I feel that with all of the proper liens that I make contractors sign, all of this together would protect me.Now you also were worried about intermingling funds but it is a known fact that each llc can't be tied to another because the llcs sole purpose is an asset protection entity serving to protect it from any lawsuits thus like I said before the holding company pulling in all of the funds wouldn't matter.But I want to still get your opinion on this, thank you.
Owen Schwaegerle
Prop 19 and Property Taxes in California for Inherited Property
11 February 2024 | 37 replies
This video on YouTube has some good info.
Dennis Guinto
Buy property from parents and renovate it?
11 February 2024 | 8 replies
I am not going into those, since I haven't fully reviewed them yet, but those might provide more options to your situation.That's some info and #'s for you to chew on.
In Cho
Advice on House Hacking in Chicago for a Veteran
12 February 2024 | 18 replies
You can find info on VA loan limits here:https://www.va.gov/housing-***...
Monica C.
South Carolina Rental investment
11 February 2024 | 13 replies
Question is, should I continue to seek out deals to get this process started (buy in next 6 mos) or should I sit on my savings another 6 months and reevaluate?
Errand P Braithwaite
Newbie....I don't know if this house is overpriced
11 February 2024 | 2 replies
Thank you Jason I will do that, thank you for the helpful info!
Marianne Kelsey
Inherited Portfolio in Southern California
11 February 2024 | 7 replies
@Marianne KelseyFor this questions I would talk with your CPA, however, the below example my help you in the sale of the properties and save you some cash.