Account Closed
Renting out mortgaged properties
Quick question: So all I hear is about renting out properties you have a loan on. Now I just got my first mortgage at 2.25% and if I wanted to rent it out what is the process? Should I put it in a trust? May my con...
Brandy Phillip
Trust-LLC vs Nothing
My Husband and I went to speak to an attorney today to ask about establishing a Land Trust. We have heard so much about setting up a Land Trust to not only provide protection for our assets but also be able to move o...
Nathaniel Lambert
Lease Option Owner Deceased. What happens?
Hi all,I have been negotiating a lease option with an elder homeowner. How should I include in the lease option the fact if he passes away the lease is still valid? I'm not sure how to go about this because it is unfo...
Vaughn Funk
Self directed /solo 401K or self directed Roth
Hi all,I am getting ready to go through a divorce and am looking at getting about $250,000 from my wife's 403B. I currently do not have a retirement account except for my retirement from the Navy. I was told to set ...
Matthew Hayes
Using Land Trusts to wholesale REOs and Short Sales
Hey All,
I have a few question regarding using land trusts to wholesale REOs and shorts sales. I have used the Land Trust method (ie selling the beneficial rights of the land trust instead of the rights to th...
Indrajit Bhattacharya
Brand new to Bigger Pockets
Hi all,I just joined the Bigger Pockets forums and am new to investing. I have one investment property in OK and one in India. Looking to invest in areas for long term cashflow. I am looking for passive investments si...
Benjamin Cuddy
Landlord security deposit/bank account requirements
Hello all,I am a new investor with one single family property. I will soon be putting my property on the rental market and am making sure I have things in order to do so. Would someone be able to fill me on in what ...
Tom Kelly
Secured Investment
This will be my first investment with a partner. I do not want to own the property at all. I just want to finance the property and take my profit and go. The LLC states and I will change this, "that mediation is the f...
Jared Swofford
California resident - Out of State LLC registration in CA.
Hello all,I am a VERY new and green to REI. I know I am a ways off from pulling the trigger on my first property, but I am interested in rentals out of state. I am a California resident and would like some advise from...
Richard Bull
Living Trust Question
Hi all,I am looking for some ideas about setting up a living trust for my wife and I. I live in California, but will be investing in properties that are mostly out of state. I want to make sure that I am protected. I ...