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This is a post meant to stir general conversation with other business-minded people about finding and working with professionals that focus on our wealth planning, taxes and related areas. I'm involved in multiple thi...
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I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
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Hi Guys, what is the best for liability insurance when you own rentals properties?Is it to have each property under an LLC or having a 1 or 2 million dollars umbrella liability ?Please let me know your thoughts, i wou...
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Hi,
I'm still very new but I am ready to start making some offers on properties to get my feet wet and get started in REI.
I have a pretty small amount of reserves myself, but have access to hard money if need be.
...
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If you buy a house from the 1st lien holder, do you inherit the person on the lien?There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. ...
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I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
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Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
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bought a short sell back in Jan 2017 using all cash 175000 plus all other short sell fee and closing expense. Title has been transferred to me not long after the closing. I immediately rehabbed the house to where it h...
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good afternoon! i am a fellow real estate rookie and have been interested for a very long time. My wife and I are in the process of buying another home, and we are going to rent out our current house we have now. Base...
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Hello everyone. I was wondering how possible it is for an individual to do a title search on a property as good as a title company can. If not, what specifically allows a title company to have a more in depth search t...