A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.

Not only do members need to have an Operating Agreement but the corporation needs to be maintained.

Min...

Hello Bp members. Whats the market like for wholesalers in DC? i have been talking to a well seasoned investor i met at my local REIA and he suggest doing wholesale deals in prince Georges county Maryland because this...

There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages.  Here is a list of states divided into three ...

Florida Real Estate Investment Center will be launching our Palm Beach Real Estate Club on January 18th 2014. Agents and investors are asked to attend. Our first seminar will teach you how to start a wholesale real...

My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...

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...

Has anyone sold a property through a buyer's agent who is not a licensed real estate agent? Our first rehab is on the market and we were approached by a person who says she represents buyers, is well connected in th...

I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.

Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...

Am a sailor. And I need to grant Power Of Attorney to Family member. Along with leaving a check of the funds. What’s the easiest way and cheaper way to do it. I ask because waiting to here back from a wholeseler who m...

Some of my recent posts on title searches have sparked a lot of interest, so I decided to put together a simple guide to help those of you looking to conduct your title searches. The goal is to give you a practical wa...