Joseph Wojciechowski
Scalable Business Planning
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
Ed Matson
HUBZU Purchase and Sale Agreement
Has anyone had experience closing on a property with after winning a HUBZU auction? Their PSA looks very one sided to me.
Rich Thomas
Any interest only or 40 year loans left?
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...
Yadira Valera
My mortgages to an LLC?
Hey everyone, my wife and I and her two brothers all own two homes with mortgages still being paid. All 4 of us are on the titles and mortgages. We all live in the two homes too. My wife and I in one home and my broth...
Marissa Barrios
Heirs stuck with tough decision on Short Sale on house
I have a question and I hope someone can help. The executor of the Estate found out mother had a reverse mortgage on it and the lender didn't give any information or tell the executor of the estate had any options on ...
Alex Hamilton
Rod Aycox Limited Liability Company
I Googled Rod Aycox before applying for a business line of credit and it appeared from his apparent wealth he could make private Loans. I Applied and got my company approved for $10,000 on terms that were so good, it...
Jimmy H.
Elections, Grid-lock, Foreclosuregate and the effects on RE
It seems inevitable that the Republicans take control of the House, and likely gain many seats in the Senate.
This type of situation is called "grid-lock" becuase both parties can essentially keep each other from get...
Manuel Encarnacion
California Security Deposit
Quick question about security deposits in Southern California. When rent is about $2200 -$2400 do you still ask for 1 month’s rent for security deposit? So if their lease begins March 1st do they need to provide let’s...
Ryan Sanders
Would this be business expense or personal??
I currently own my home and I intend to do some light rehab and upgrade then move out and rent out the house. I have only recently formed my LLC and I want to be sure I keep my business finances separate from my perso...
Matt Jones
Do you rent to someone without a job but with money in the bank?
"I'm moving to the area and I have plenty of money in the bank but I have not secured a job yet. Will you rent to me?"I seem to get this question every so often and I was curious what other landlords and property mana...