I'm trying to get started with preforeclosure flipping in King County, Washington State. I read RCW 61.34 but as a non-lawyer found it confusing, tangled, and murky. In an effort to understand it better, I went throug...
Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Greetings,
We have an investment property that is not officially unencumbered, we borrowed money from a family member a few years ago, we were supposed to make payments but have not been able to, the family i...
I am loving the BP podcasts !! These things are great for people like me who have a hard time staying focused on reading so many posts. (I guess I need a bigger phone screen) I have been on BP for about a week or two ...
Hey BP, im going to be completely transparent with you and hopefully this helps someone. Two things I want to highlight 1. Be careful who you take advice from 2. Ego is your enemy A few years ago when I was introduced...
I'm looking at a self storage syndication fund that has some language in the PPM that capital shall be placed within 90 days. If it isn't the sponsor can either choose to return it to the investor or the preferred re...
Hello all,I have a couple of questions about completing a 1031 exchange. 1. The property being sold is under contract and scheduled to close in a couple of weeks. Can I begin making offers on new properties to buy or ...
I recently read an article that there is a 30% federal tax credit for installing solar panels. Is this also for investment property? Does anyone out there know
Hi all,We just bought our first investment property! We want to get the place up to code before we start renting it out, and we're a little confused about the requirements for they Keyless Bolting Device.According to ...
I have found a decent deal which I am deciding to flip. It is a short sale (price approved) and when the bank realized that the buyer (me) was also the agent, they turned around and said that they would not be paying...