BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...
Hey Everyone,Situation: I am 25 year-old living in Rochester, NY with a Bachelors in Finance. Licensed RE Agent (although I do not do many deals) Work full-time (25k salary). One of my father's retirement account from...
For those that live in New York (NYC) and invest out of state through an LLC, do you know if there are any additional costs to have an out of state LLC while still living in NYC?I know CA for example has a high extra ...
On a rental property, should you add the home insurance to your residential home insurance portfolio to get a better rate? Or separate them?
Hello everyone! Looking to meet some new people in the real estate community !
I have a few trusts and LLc's. My attorney is wanting to chat about doing a master LLC with series llcs out of it. For example: Blue sky LLc. Then as you buy additional properties it works like this. Blue sky llc, vic...
I just listened in on REIClub's Al Aiello's "LLC Master Machine Asset Protection" System webinar, He has set up a 121 page LLC contract to keep members 100% private and protected from basically everything and everyone...
Hey guys,
Looking to quit claim my quad from my name into a LLC (I'm in Tallahassee, FL as is the property). This is my first/only investment property that I've had in my name for a little over a year now.
I don't ...
Hey everyone,I'm in the process of setting up a management agreement between myself and a fellow investor for a specific property. I needed some guidance as to the best way to set up the accounts related to the proper...
My husband and I are completely new to real estate investing, but I am already hooked and ready to jump in. The BRRR method is what we'd be going after for a while. Potentially a handful of flips in the future as well...