Marcus Amison
Can an LLC formed in one state buy property in another state?
I am currently a realtor and also looking to form an LLC in the state of Maryland. Can I buy property in my home state of Ohio using that Maryland LLC or would I need to form another one in Ohio?
Matt Suchoski
BRRRR Deal - Conventional vs. Commercial Loan Refi
I’m a few days away from sending out my first direct mail campaign. I’m focusing on one specific town and I’m targeting duplexes with out of state owners. I’m hoping to purchase a BRRRR deal out of the mailing.
I ha...
Eric Dailey
Anybody have experience with PMG Business Solutions?
I am working getting a line of credit through PMG Business Solutions in Dallas, TX. The representative I am working with is John L. Herrick, who was at the AREA-DallasREI InvestorBLOCK seminar this past weekend. ...
Erela Plotkin
prospective tenants with a criminal record
i have a couple that is interested in renting, but there seems to be a lot of questions marks, both criminal background checks came listed as in review, he just started a new job 2 months ago, she does not work, and t...
John Weiss
Indemnification Clause in PM Agreement
Looking to hire a PM was going over the agreement. Saw this and it kind of concerns me that basically im on the hook for any stupid thing they do. As a General Contractor when i manage a site im used to being the one ...
Alfath Ahmed
Should I fire my property manager?
I own a SFH in Dayton, OH managed by a Keller Williams PM. Early January, the HVAC system went out in my property (old steam boiler system). I had the system immediately fixed within a day; however, some of the radiat...
David Roberts
Forming LLC to govern the rest of LLCs
This will likely be an easy question for some of you.So, if I generate 3 LLCs, 2 of which hold 1 rental home in each, and the 3rd which is the main LLC that owns all other LLCs under it...How do I make that true? Wh...
Lubasha White
Lis Pendens from nowhere
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
Michael Rossi
What are Bernanke and Greenspan Telling You?
http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/
With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States coul...
Greg Wright
Working on IRA property
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?