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31 March 2019 | 6 replies

Wouldn't pay more than $100 for somebody to do that. 1-tub for the win, as I can now pile more/bigger things in it lol

Andrew M. Urgent question regarding buying at sheriff sale in Pittsburgh

20 April 2019 | 4 replies

On average 450 properties go up for sale each month and less than 9% actually sell so the chances of you finding a property and being the winning bidder is very low.

Kellie Alkayam House I offered on is going to tax auction

3 April 2019 | 12 replies

I know there's no guarantee I will win the house at auction, and I'd like to keep them from losing the house altogether.

Aaron Owen Local Credit Union's in Minneapolis, MN Area

8 April 2019 | 21 replies

@Tim Swierczek let's just say there was a little negotiating but we found a win/win.

Kyle McCorkel Which LLC to use for a flip

31 March 2019 | 4 replies

So people will often try to place each property into it's own LLC, so if anything happens to one property, you are only risking that one property rather than a bunch of different assets.When it comes to liability protection, placing a flip into LLC 1 would have a few drawbacks. (1) You are adding another property to the LLC, which means it would be worth more money for anyone looking to win a lawsuit against you AND (2) you are increasing the likelihood of a lawsuit because there is more liability with 5 properties than with 4. (3) The flip is also a different type of investment and has unique liabilities inherent to these types of investments, so your LLC will also be exposed to additional types of liability. (4) These two types of investments are also listed differently on taxes, so you need to keep this in consideration and discuss it with your CPA.In a perfect world you would want each property in it's own LLC (or just do a Series LLC,) and then have an operating company that doesn't even own a property to use for all your highest liability actions, such as a rent collection, paying contractors, property management, etc.