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When I began real estate one of the thoughts I had in mind was to someday use real estate as a vehicle for supporting various "charities". Some possibilities I have in mind are adoption funds for children, micro-loan...
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Just wondering how to avoid hassles collecting rent if i am renting to 4 roommates? Also do you require them to pay for professional cleaners on a regular schedule so the property doesnt get trashed?
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Hi,Does anyone know if SmartMove uses the combined income of two applicants in meeting the 3:1 requirement? I currently have an Applicant and Co-Applicant. The applicants reports came back with a "decline" recommend...
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If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
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There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages. Here is a list of states divided into three ...
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I am having some issues with the township and some surrounding neighbors and wanted to see if someone could help. I own a recovery/sober living house. 10 members live in the 5 bedroom home unrelated. The township is g...
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We are currently under contract on a piece of land where we can build 6 attached units by right. Initially, our thought was to keep all of these units on one parcel, held in the name of our LLC, as our strategy is to ...
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An associate forwarded the following info about Georgia licensing requirements for note buyers. Based on the language it seems that an individual would be exempt since it is "solely as an investment". I'm not clear th...
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Hi,I'm considering deeding my investment properties into individual land trusts, and then assigning my beneficial interest in the land trusts to individual LLCs to provide asset protection. My real estate attorney ha...
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Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity. If you are filing as an individual...