Lor Fara
Entity structure for out of state LTRs
I live and work in CA, but looking to invest in OH and IN. I have two LLCs set up, one in WY one in CA, both under a WY holding LLC. Can I buy rental properties in OH and IN with my WY LLC? In which states would I...
Rob Randle
How to get out from this deal??
I have a family member who is in a tough buying situation and I am seeking advice on their behalf. To sum it up: 1. He put an offer in at $135,000 on a Fannie Mae home for that was listed for $125,000 and it got acce...
Dennis O'Loughlin
Best thing to do with money
We have found a creative way to access some equity to make our equity work harder for us so it's almost like the beginning of a BRRR strategy. However...it's not quite. There are several options and we'd like to tho...
Jon Sirkin
Market downturn hoping won’t save you
The market sell off base only begun, I will call 1000-1200 Es who knows , we will will end up but loans are being canceled, this will be worse than 2007. If you are holding on not knowing what to do going to cash it a...
Michael Smith
Transferring property in LLC
Hello,
First time poster and was hoping to get perspective or advice. I have one property currently and want to know if it’s worth the money and effort to transfer my condo to an LLC before buying a new property as m...
Jamal Jones
LLC For Beginners
What’s a recommended book to read on LLCs for a beginner?
Greg Lee
Selling Vacant Land and need to put cash to work
I'm selling some vacant land in the very near future (Next week) and I'm trying to figure out what to do with the money to not get hammered with taxes. It was something that was not on my radar.... I don't need to us...
Ali Mol
Question about Treating the Credit in a Lease-to-Own Agreement
We signed a lease-to-own contract for 60 months. At the end of the term, we are obligated to provide a $100,000 credit at closing toward the purchase price for the buyer/tenant. This credit amounts to $1,666 per month...
Greg W.
Rent Roll??
I am seeking a blanket loan for some properties I have under land contract at the moment and have been running them for about 2 months. I spoke with a loan officer from a small bank and one of the things he's requesti...
Robert Pitchford III
Looking for guidance on wholesaling
I’m ready to jump in the world of real estate wholesaling and i'm seeking guidance from professionals. I’m eager to learn first hand the wholesale process - finding properties, building a buyers list, ins and outs of ...