Since I’m at the beginning of this potential deal I’m going to make this a multi entry story…
About two months ago I decided that I would send five letters to absentee owners with no/low mortgages of multi units in...
I have been talking to a guy who is looking for equity investors to start a business. He plans on structuring the company as an LLC with each investor owning a % based on their contribution. I am interested, but I d...
I got a friend trying to sell a house in El Dorado county that he has built a rather large addition onto. He has none of the addition permitted. Hes told me that when he bought it, it was roughly 1000 sq ft, and that ...
Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
I wanted to get other people’s opinion of JWB as a PM company. I have been disappointed with the amount of fees and personal piggy bank attitude that the PM has regarding owner investments.
My experience with JWB ha...
My wife and I own one Duplex in Washington and currently have one bank account that has all the funds from that property going into it. Is it necessary to have an account for each individual property that we acquire. ...
Good day BP,I currently have one 4-unit rental owned in my personal name and I have a duplex (foreclosure) under contract which will also be owned in my name (to fulfill fannie mae owner occupied requirement). My que...
I'm closing on a duplex in Taos, New Mexico and found out the property was on the edge of a flood plain. The loan is requiring flood insurance. I was using State Farm for my homeowners insurance, but the quotes they...
There is an REO I have under contract and still within my inspection period. I went down to city hall and discovered the additions on the home are unpermitted and violate setback rules. I cannot obtain variances sin...
I am tired of reading about real estate investors seeking advice on where they should incorporate or how they should structure their entities for anonymity. Anonymity is NOT asset protection. To lay it out as simply ...