Vincent B.
Best way to transfer rental property from personal to LLC
If one were to purchase a rental property as an individual, what is the typical process for then moving ownership of it to an LLC? Seems like that might be an issue for the bank that holds the mortgage since they woul...
Kim Mayhew
spouse signature required?
I'm returning to REI after about 25 years out of the game. Things have changed a lot and I'm trying to get up to speed on current business methods.
My question - Do I have any legal requirement to include my...
Shodhan Patel
Security deposit Questions
AllNeed some help/advice My tenant who rented the house for half a decade left only giving 2 wk notice (contract said 3 months). He ruined the place, more than normal wear and tear on floors, walls and bathrooms. The ...
Daren H.
Note Holder Filed Appointment of Substitute Trustee and Acceleration of Maturity
I am talking to a homeowner concerning a vacant property they own (owner walked away ~1 year ago). In researching county records I noticed that the note holder (BoA) appointed a substitute trustee and demanded the tot...
Olga Kostrova
How do I go about selling our subordinate notes for SFH?
Hi guys, in the strategy I am currently pursuing I need to sell subordinate notes for residential investments, about 40% of the ARV of short term SFH rental properties.How would you suggest I go about the process?Are ...
Keith Ellis
IL Condo HOA rules amended by property manager (not HOA Board)
I have an Illinois condo unit that I rent out and would like a second opinion about an issue that was debating with the HOA's property manager.The gist is that after signing new tenants to a lease I was hit with a $15...
Fabian Moody
NEED HELP ASAP!!!!!!! NEED PURCHASE AND SALE AGREEMENT FORMS
Hey BP Family, I am a young real estate investor who currently has been in the Buy & Hold System of investing. I love this system and will continue to grow the portfolio but now its time to get a lil mor...
Max Mac Phail
Renting/Rent to own/Lease Option in Texas
Good morning! I am contemplating renting my house or lease option on it. My concerns on renting are being responsible for repairs while taking a "journey" with my family. The downside to lease option is that I will...
Mubasher Riaz
Cost of architect and engineer for 500 sq ft room addition?
hi there
I own a house in michigan and wanted to build an addition 500 sq ft room addition in the backyard, any idea on how much to build a site plan from an architect? Is it something that I can do on my own...
Joshua D.
Legal contract wording
So me and the father in law just had a discussion about putting a house under a sales contract. Originally i had in my contract that there would be a exchange of money as a holding to be legal. So my attorney here in ...