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I am sole member of LLC how do I leave this to my children? I have an operating agreement but does not mention what happens if a meme we dies. Do I add them on the operating agreement as members and pass it to them t...
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Hello, A quick summary: A family member has passed away. In her will she stated that the equity in the home shall be split among the 4 people listed. The people listed have no desire to keep the home, however other fa...
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Hi I learned that forming LLC is important for asset protection for rental properties. I already made LLC for my rental property But my CPA insists to get rid of LLC as it just adds more costs and doesn’t really prote...
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I understand insurance companies will loan on commercial properties. Does anyone have experience with this? What kind of terms do they offer? Where do you go to get such a loan?
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Looking for some advice on the best ways to setup a partnership.I have an existing LLC which holds some properties that are mine. I've recently worked out an arrangement with some friends to partner on some properties...
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Hello everybody! This is my first post on the BP forums, and I have a questions for any and all RE investors. How would a 14 year old, me, go along building a rental and development company? I am currently reading Joh...
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Hello all, How has your experience been working with commercial mortgage brokers? Thank you!
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Hi, I'm looking for a creative way to secure a private lending note without having a 1st lean on a property. The goal is to wholesale the deal and have the loan plus split profits paid back to my SD-IRA. From what I...
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You can borrow up to $50,000 or half of your 401k, whichever is less, and pay yourself back the interest over 5 years at the most.Would these funds be allowed as part of the downpayment for a rental property?
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Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...