I am a mortgage note investor and end up with a fair number of non-performing notes.  A percentage of these will turn in to REOs.  I typically sell my REOs off-market for cash to investors or on-market in the conventi...

Hey all,Is it standard to have your LLC open prior to purchasing a property? When I make offers, am I making an offer representing my LLC or is that detail irrelevant as I would just put the LLC down on the purchase a...

I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...

This is my first time through the screening process, and I had everything dialed in to screen multiple applicants and choose the best based on a set of criteria.  However, I've now shown it a few times and there was o...

I do not know about you, but with all the troubles you read about concerning Bank of America it makes you wonder if your money is safe with them. If I had any funds in their bank - I would take it out as fast as possi...

Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children.  I'm not sure if this is a thing that people do, but I figured that I would ask.  Would we just...

I was just reading on another thread about the old debate of how many LLC's do you need? Just one? One per property? Somewhere in between? The idea is to segregate silos of liability exposure. That's fine, I don'...

I own two houses, one is rental and one I live in. I hit a girl on a bike 6 months ago. She got a lawyer and the lawyer at first wrote a letter to my insurance company saying they will accept the policy limit, but ...

SCENARIO: 1. Every property gets its own trust and ideally it’s own LLC - check! (Got that) 2. Give the trust a unique name that does not bring it back to me (Anna) and give it a P.O. Box address - 🤔Question?☝️ Won’t ...

So, I went to see a local multifamily property yesterday. The numbers looked great, affordable enough for me to get into the game, everything seemed perfect...turns out it is run by a slumlord and needs way too much w...