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My wife and I want to create a real estate LLC . What are the pros and cons of creating it as equal partners verses one of us as the sole prioritor and the other being an employee?
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Hello All,I have a friend that lost there property due to a reverse mortgage and is know foreclosed on by Novad mortgage consulting. I am guessing this is HUD. I called them and they said to wait until it goes to HUD ...
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I'm in the process of building a personal residence for my family and I. I'm acting as my own general and I am using a construction consultant that is an active builder. I was talking to our banker about possibly...
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I put an offer on a two-family home with a decommissioned underground oil tank. I just found out that the oil-tank is actually under the ground floor apartment and the current owner will not allow for soil testing bec...
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I plan to buy a duplex out-of-state for my first investment. A mortgage consultant from a big bank told me that since this is my first out-of-state property, I can use second/vacation home loan for lower downpayment a...
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Quickly approaching our first purchase in Texas and would like to consult with a local Real Estate CPA that also invests. Appreciate any suggestions.
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Hi BPI was speaking with a client (I am a commercial developer as well as consultant for commercial and residential properties) about local investor groups and was wondering if there are any clubs or meetups in Long B...
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I would assume a RE attorney is a must for drafting contracts with sellers. And you would most likely want to consult with a CPA in terms of creating a business entity and how to shelter as much of your earnings as po...
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Wanted to make sure I had the right idea: In Florida, a landlord can sell a property with a renter still living there, but the lease must still be followed until it's conclusion, correct? I'm consulting the lease we a...
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I left my W2 job for more lucrative 1099 consulting work. I currently have eight rental properties (4 of which I purchased last year) and plan to buy between 2-4 per year. The challenge now is that I no longer qualify...