Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
Hello,I am looking to buy my second property this year and want to put it under an LLC. Any recs on companies that help form LLC formation, business structure and estate planning services? I want to make sure I form i...
I have a ton of questions, but first and foremost the situation Is that my wife and I will be managing this 4plex ourselves. we also have more units we wIll be purchasing and managing before the end of the year.
Prim...
Here is the deal. I am interested in a property in Will County, Illinois. The owner filed chapter 7 bankruptcy. He gave the property back in the bk. I finally got ahold of the bank that has the delinquent mortgage...
A co-worker of mine has inherited a house along with 2 other people.
He has been doing some work on the house for the past few months to get it up to standards.
He thought that during probate he would get his money b...
I understand the restriction on owning a co-op. But can flipping be used in a co-op deal ?
I don't have, and won't buy anything in Minneapolis or Saint Paul, but a lot of people do. I just read this from the KSTP news website:https://kstp.com/news/proposed-changes-to-minneapo...
I don't currently own any property, but I'm pretty close to making offers on a few multi units in the city, 2-4 unit range type buildings. I have called a few major insurance agencies (Farmers, MetLife) and so far th...
I read another thread stating that the landlord really can't be listed as additional insured on a renter's insurance policy for because they have no real loss to claim (in more insurance-esq terms).Do I then have any ...
I especially love getting bookkeeping questions from aspiring real estate investors and those who have just started investing. I consider myself to still be a newbie with only owning 23 doors but I remember that sup...