29 October 2017 | 16 replies
Farming operations have scaled correspondingly and what was the family farm of my grandparents is no longer sustainable ... in the areas where my parents grew-up, many "family" farms today are working 6 - 10 sections annually - a task that requires millions of dollars in capital equipment.There are also farmers who are specializing in organic and/or non GMO crops (both of which may require maintaining a wide border strip between their fields and their neighbours crops).There were (and likely still are) two principal ways of renting farm land in that area: a) straight rent per acre/quarter/section or b) a share cropping arrangement with the farmer working the land.
10 October 2017 | 3 replies
It depends what you need a real estate attorney for.Forming your company, preparing Operating Agreement, etc. ... you can hire CA counsel.Dealing with local law, leases, tenants, legal issues and evictions ... need UT counsel.
10 October 2017 | 3 replies
I bet the DA starts looking into the timeline up to present day.
9 October 2017 | 2 replies
We want to be real estate investors mainly dealing with rentals, we started the LLC thinking it would make the most sense considering we’re operating out of 2 different states (we paid the fees to operate in both).
12 October 2017 | 14 replies
It all depends on how much you are willing to invest, what areas you are interested in/classes of properties, what your operating costs will be and of course what your end goals are.
9 October 2017 | 5 replies
@Andrew Johnson I'm bad at explaining sometimes.The ltv would be around 75%Gross income $57,000Net operating income est
9 October 2017 | 4 replies
scenarios to form up your final Operating agreement.Good Examples of "What IF" scenarios:What if you get hit by a bus?
9 October 2017 | 0 replies
We have an LLC set up in SC, and that is where we are operating.
17 October 2020 | 5 replies
However it might not be the best bet for an investor...because it goes to every single door on that postal route.
18 October 2017 | 3 replies
Your best bet would be to call small local banks near the property and see if they will look at a reduced doc. loan where they don't focus on your W2 or credit depth.