I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...
In the following example: 1) I bought a rental property in 2011 for $100,000 which has been fully rented since.2) I transfered the property from myself to a single-member (myself) LLC in June 2017. The "sale" price w...
We are selling one of our investment properties and are in the process of transferring the lease to the new landlord/owners (FSBO but the buyer has an agent).Initially, they wanted us to have the tenants sign a new le...
Hi BP,So my grandparents have a property in New York that is going to be passed down to me when they pass away. Seeing how real estate has recently peaked my interest, my grandparents have no issue with me taking over...
When a new buyer assumes a Freddie Mac loan on an apartment complex, do the current reserves transfer with the loan to the new buyer/borrower? If so, is it automatic, or does the buyer need to negotiate that into the ...
Hello BP,I am an Active Duty O2-E and facing that magical time of year....TRANSFER SEASON. Searching for any input on the below locations from an investment standpoint. If you have any pros/cons on an area, know of ...
This is for a friend, who is planning to purchase a property directly from someone in the family. What forms do they need to prep? There's no mortgage on it currently but the buyer would need financing. Seems like For...
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Hey BP, I live in Utah and just purchased a home in Florida but I need recommendations on a RE attorney to help transfer the deed to my LLC. Or if there is an easier, better way then I'm all ears. Thanks!
Hi Team! Im finalizing negotiation on a property and taking on the tenant but in the agreement I’m requiring that the notice to vacate be served to the tenant based on the just cause reason of the sale of the propert...