Garrett Leahigh
Can I switch a property in our personal names to an LLC I opened?
I’m working on purchasing my first rental property but I don’t have an llc just yet. I just applied for one but it could take more than a month to get it. If I purchase this property in my name, then how hard is it to...
Minna Reid
Basic Lease Op Questions
I have a couple basic (probably dumb) questions about a lease option.
First I need an option form that is tenant buyer friendly and hopefully adresses a monthly credit as well. What I have is very seller friendly and...
Tom Murphy
LLC Ownership Transfer
Hey guys,Just looking for some knowledge from someone with experience in this arena. I have an llc in which I have been purchasing properties through already, however the banks usually charge 20-25% down payment when ...
Carly M.
Transfer property to LLC
What are the pros and cons of putting a home i ent And I own under my name into an LLC? I know liability is the biggest reason.
Also what are the legal and tax implications and procedures?
Thanks!
Sadrud-Din Williams
Finding A "HANDS ON" Flipping Mentor
With so many programs, seminars, FLIPPING shows, and Gurus with a "HOW TO FLIP" concept, it has become so hard to know what to look for or what makes a good system or mentor to choose from. What I did was compared app...
Jarrod English
Lease Option House With Basement Suite
Hello all,I've been flirting with the idea of a lease option as it would be a good way to earn some upfront cash via the deposit and make a small profit on my home. I was under the impression that a fixed price for t...
Lin Perez
Should I sell or rent this inherited property
Looking for some advice after doing some homework on my end. My mom recently passed away and I’ve inherited her townhome in Central New Jersey. She bought the unit at the height of the market in 2006 for $245k. She ow...
Trey Knight
Calling all multifamily investors
I’m struggling with time management right now. I’m trying to balance my W2 job, exercise, family, investing activities and education. It seems like I could use a 48hr day instead of 24. I’d love to hear what experienc...
Marc M.
Lease + Option + Purchase Agreement = Rent-to-own?
Hi BP! I bought a tax-foreclosure in Detroit, the property is currently occupied with the previous tenants....they are interested in purchasing the home. I have spoken with several local attorneys about doing a straig...
Tina Marie
Assigning Lease Options
When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...