Chris Schoonhoven
Getting interest on reserve account with associations
Hello,I'm on a board and am looking to help improve some of the balance sheet. The association doesn't hold reserves, deferred maintenance, and escrow in interest bearing accounts. Are we allowed to hold these monies ...
Billie Joe
Do you have to register as a foreign entity with a Parent LLC?
Do you have to register as a foreign entity, to have 1 LLC (from another state) own the LLC in your state? Or can you register them separately and have the details worked out in an operating agreement?Also, do you hav...
Vaibhav Pradhan
Advice Needed: Using LLC when the title is still under my name
Here is the situation
- I purchased an investment property in my name in November 2021
- I also have an LLC setup with bank account etc starting NOvember 2021
- I was in process of transferring the title to LLC and...
Account Closed
Probates: Processes and wholesaling
Happy New Year! I currently have a list of probates that have been recently filed in Los Angeles county.What are the ways to tie up properties under contract and go straight into escrow once Letters of Testamentary ha...
Jaron Smith
Seller backed out after accepting deal to accept another offer
Hey everyone,I recently had a situation happen that I’m unsure of how and where it went wrong. If you could shed some light on it I’d appreciate it. I made an offer of 90k on a house listed for 119k. Sellers countered...
Frank Tarantino
Forming an LLC On existing investment properties I have mortgages
I own two investment properties for 10 years with mortgages on both… And would like to transfer the title of the mortgages into an LLC… To which I am finding that no bank wants to… Does anybody know how I can do this
Juliet Hawthorn
Quitclaim properties into a trust?
I own 5 rental properties in my name. I am currently looking to restructure things in a smarter way.I am thinking about putting the properties in a trust. I was wondering if the trust will be the owner of the properti...
Lauryn Meadows
Buying Probate Properties
Anyone specialize in purchasing probate properties? I have a friend that has contacted one of the beneficiaries of the estate. One of the owners says she’s been calling the attorney that’s handling the estate, but is ...
Serita Huff
Land Trust used in place of your LLC
Is it true that real estate investors can utilize, I believe a land trust instead of an LLC for a level of protection on their investments? If not a land trust then some other vehicle? Thank you
Joel Fischer
Land trust to facilitate loan assumption
I am thinking about purchasing SFH. I know that loan assumption is often difficult because banks usually do not approve these arrangements. I am wondering if the use of a land trust might be helpful. Simple plan: ...