
2 February 2017 | 12 replies
@Yenlan Patton again, I would tell her you understand her situation and are more than willing to work with her, but that in order to protect your business you will at least start the eviction process.

1 February 2017 | 5 replies
Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your ow business.

1 February 2017 | 2 replies
There are 2 separate insurance providers for 2 different protections.

2 February 2017 | 8 replies
One of my properties has a common law couple with a recent domestic violence incident and criminal charges including Domestic Violence Protection Order (DVPO).

9 February 2017 | 11 replies
No one on BP will come forward with a first hand example of being protected by a LLC and you are right that they can be pierced and insurance is more than adequate protection.

2 February 2017 | 4 replies
I am looking for a real estate attorney to handle my deals on a buy and hold, wholesale contracts to other investors, fix and flips, but I am looking for an attorney who is creative in deal making and ensures my interests are protected at all time.

8 February 2017 | 42 replies
The owner has and needs to protect his rights and negotiating with cash for keys isn't always the best, I rarely did that.

8 April 2017 | 10 replies
From my understanding, this creates several "layers" of legal protection.

25 April 2017 | 5 replies
If you have mortgages on any of the properties, check to make sure the bank will not enforce the " due on sale" clause. changing the deed and ownership over to an LLC. will trigger that because they consider the property " sold" then.Depending on the state laws where you invest, having all the LLC's under a parent LLC does not offer you the protection and may still be considered as one entity for all the properties and can be touched.

3 February 2017 | 5 replies
As far as what you can do to protect your self is to stick with the fundamentals.