Matthew Hicks
Efficient and Protective set up
12 December 2013 | 10 replies
Hello everyone,I'm going through the process of splitting out my rental business from my fix and flip/redevelop business and I want to set up these legal entities correctly and ensure proper insurance for them as well.
John Chilimigras
Please help on quick 1031 question
3 December 2013 | 4 replies
I apply to like exchange that amount into a strip shopping center on 5 acres of land costing 1,000,000.The Question is, if I follow all the proper rules and deadlines, would I be able to transfer the entire 100,000 (tax free) into the new property?
Drew Liljedahl
Investing Goals, am I making sense?
4 December 2013 | 10 replies
you can't get a traditional mortgage (30 year low interest, etc) in a LLC,,,only individuals qualify for conforming mortgages,,,you can have up to 10 mortgages including your own home,,so slowly add a house here and there until you get to the 10 limit,,if done properly you can build cash flow up that will be flowing in and increasing with time and more properties.After you hit the 10 limit you will need commercial financing,,thats when the LLC will be needed,,,others will say form an LLC and put your rentals in them now,,but by doing so you are losing out on locking in the low rates we have now
Sean Kuhn
Preparing for an eviction
5 December 2013 | 13 replies
We can easily do that by using forms that have passed legal muster and by following the proper procedure for serving notice.
N Chambless
HOA changes payment address w/o notice charges fees?
5 December 2013 | 1 reply
I told them that I should not receive fees as I was not properly notified that the address had changed.
Kyle Doney
Buying a home that has been unoccupied for years
7 September 2018 | 31 replies
My gas line was not properly buried and exposed to lots of moisture from sprinklers.
Jason Minnich
Late Rent Money Order with a twist
11 December 2013 | 21 replies
If mailed properly, the rent check will arrive the next day, two days at the most, unless there is a holiday.A few of our tenants set up automatic bill pay with their bank.
Shahriar K.
foreigner partnering with a US citizen
10 December 2013 | 25 replies
None of the questions around bank ability will apply since the borrower to the loan would, when properly setup, be a US entity.
Tom Bujnowski
Can I build a house on a lot zoned residential garage?
7 January 2014 | 2 replies
Your questions are going to be answered easiest and properly for your area by your local town/city building department.
Marc Pfleger
Protecting my money in a rehab partnership
11 February 2014 | 27 replies
One of the best ways you can protect your investment is to properly manage your draws.