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Should you create an LLC before buying a property or vice versa?
Hello all, some friends and I are getting together so we can start flipping. I flipped a SFH in 2015, in S FL, and made a lot of money. But that home was purchased using an FHA loan and I lived in it. So now, we are l...
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Hello,I am currently pursuing my first rental property and I have a few questions. I have read many posts, books and listened to podcasts. Since this will be my first rental property purchase, is it best to have an LL...
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I'm having to work with a lot of contractors while doing apartment remodels. How do I make sure I don't get sued if they get hurt or something? They all reassure me that they have insurance and don't sue people but I...
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I am looking at a heavily discounted, cash flowing commercial property, there is a long term tenant in place who has been there for many years and has a contract to stay for 5 more. Im buying the property for 20% more...
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Investment Info:
Single-family residence fix & flip investment in Glencoe.
Purchase price: $88,000
Cash invested: $60,000
Sale price: $190,000
This was a tricky deal that pushed us to our lim...
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I have recently come across a situation in which someone sold their investment property and didn't follow all of the 1031 exchange procedures completely ( they received the funds directly after selling their investmen...
This is my first time evicting a tenant. This relates to a commercial (retail) building in CA.On 11/6, I served a delinquent tenant with a 3-day notice to pay or quit. Tenant requested that I give him until 12/15 to ...
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Hello all, I figured I would give this forum a shot to see if there were any real estate attorneys out there or an investor who has come across asimilar scenario. This particular property has been vacant for 10 years,...
Dear all,
Sorry for a long question but I'm new here with only one single family home rental under my belt. Here is the situation. I'm living outside the US at the moment for an expatriate assignment. My frie...