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What are some of the pitfalls of creating a LLC with a spouse for rental properties? Is it better to have a single member (just me) to protect her from any litigations against me?
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I see a lot of people say they want to go local, and while I understand the sentiment, one of the biggest myths I see perpetuated in lending, or insurance, or appraisers, etc. is that local is better. There are defin...
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Hello guys,
I'm looking at this real estate deal and the seller's realtor told me about a Lis Pendes pending on the HOA. The association give a blind eye to structural flaws in the common area (such as an unsafe foo...
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I'm trying to find someone to lease my friend's commercial space. He has it posted on Loopnet already. Are there other places I could post it to get it more exposure? Thank youBen
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I'm about to close on a SFR deal that will be my first partnership. We're planning to quitclaim the deed to an LLC, should we share 1 LLC, or each have separate & put two on title?Thank you, CK
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So what are yall's thoughts on this scenario:Imagine my wife and I own one rental property, jointly, in our individual capacities. If I gift her my 1/2 interest, terminating my right to that property, does that gross ...
After 3+ years of studying methods of how to finance a building in my early 20s with limited income and minimal credit history, I’ve stumbled across the reality that the “professionals”, (loan brokers & local real...
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When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
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Am having trouble finding a real estate business attorney in Middle GA. One who can explain liability exposure to me, not just handle closings. So if you have a referral, please send it my way.That said, I want to b...
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I have my first offer on the table for a second home (out of state purchasing from rootstock). I’m starting all of my paper work but just realized everyone always recommends an LLC. I am looking to use the income stre...