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Hello All,
I think I have a great opportunity, but I want to make sure I deal with it the best way possible. My 63 yr old mother has a home in Santa Clarita, California that she owes $99K on a fixed 3.375% m...
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Pardon the interruption but I wanted to pose a question to my BP brethren. I've searched high and low for an answer but could only find related topics on maintaining the external presence of a property. My wife and ...
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Hi Guys, I went on a purchase frenzy this year and I think it is really time for me to sit down with a good CPA and an attorney to discuss the best option to protect my family and personal assets from the risks associ...
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I am looking for input from folks that use Series LLC's for their rental properties or attorneys that have legal experience with the concept. I attended a local REA meeting where an attorney discussed asset protection...
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I won a 4 Bed 21/2 Bath House in Indianapolis on Auction.com on March 20th. It was a foreclosure from Bank Of America. The first communication was that closing would be Apr 9th then after contract signed clos...
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Say you decided to place one of your mortgaged investment properties into an LLC for asset protection. You're doing what you can to treat your LLC like a business (it has its own checking account, filed separately fro...
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As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
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This is my first post for some insight on this great forum...and it's got a ton of moving pieces.My husband's parents own commercial property (free & clear/no mortgage) on a large lot that has a board and care (as...
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Have you heard of Eric Spofford?
He has a webinar about investing in properties with Section 8 tenants, and has a course teaching how to invest in Section 8 for $1,997.
I wanted to see if anyone here has invested in...
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Using Land Trust "Just another strategy for investors"
Its uses are:
To control or purchase real estate
To protect confidentiality
To limit liability
To help with "DOS" clauses in some cases
Land trusts have been use...