Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
Good morning everyone, I was wondering, if I want a property paid off in three years, and I put 20% down, should I put as much as I can monthly (I can add an extra $4,000 per month) or, should I put the $4,000 each mo...
Oh man...my back is killing me...
What started as some basic advice to some guy who pm'd me turned into a small essay. So anyway who knows maybe some other people who are starting from scratch could benefit from this...
Sally and Johnny are both the sole owners and employees of a pair of unrelated S corps in the same city. They don't know each other, but Sally and Johnny make and sell widgets. They both also W2 themselves $50k/yr, wh...
I've been able to locate the public notices online in Michigan regarding probates. I would like some help on how to determine if real probate is included. The extent of the information is :
The Settlor,...
My husband and I are looking to buy an apartment complex in the next year. We are working on our investing education as well as our criteria. Ideally we would like at least 15 units. We have 550k in cash and would be ...
Hi all,
Pulled the trigger on my 2nd property: I bought a free-standing no driveway townhouse near cottage grove/washington corridor area for 365k-375k. late 2012 build around 2250, 3bed/3.5 bath. Used conv financin...
Hello everyone,I bought my 4 unit building for $175,000, Saint John NB, in 2019 I could sell it now for $450,000. Rents together are $3400 each month. A home run i would say. Im moving to San Diego next year and want ...
Hey All! Helping my brother go about a purchase of a property and we are brainstorming the best way to structure the deal. Here's the cliff-notes version of the story:The current owner of the property is going through...
Hello Bigger Pockets peeps,Feeling stuck lately and trying to spark ideas for my next real estate move..... So here we go...I'm a 24 years old college graduate living in Michigan. I work at a local bank making $40,00...