I met with an attorney (I am in California, but investing out of state) about starting an LLC that we can use to purchase properties. I was shocked when my (California) attorney STRONGLY suggested that we need to hav...
I am having a difficult time getting offers accepted that would allow me to purchase and rehab rental homes for under 75% ARV. Previously, I bought houses cash, fixed them up, and then did a cash out refi after season...
My property is in an upper unit in a condo with an HOA. (picture below)
Issue: One day, a pipe under the floor leaked from your unit into the downstairs unit below through the kitchen AC vent, causing damage to the...
We are purchasing a 16 door (actually 8 duplexes) multi unit property in OK. Not sure if we should form an LLC for liability protection or just have it in our names? Any advice and help would be appreciated.
Does anyone know what cost is involved when one purchases a property in DC under personal name and then eventually re-deed the title to LLC. Will I have to pay another portion of record and transfer taxes? If so, at w...
Hi all,
I am getting conflicting opinions on whether to set up an LLC when starting to invest in RE. I greatly appreciate the feedback.
Any thoughts and/or advice on self directed IRA's?
I'm trying to help someone but couldn't find an RCW for this.
A tenant has damaged a pocket door in the home and the landlord has already fixed it themselves, which primarily just consisted of the hinges. No fee was ...
I'm trying to figure out the best entity for CA resident/investors that want to invest both in and out of state. I know a California LLC is required to pay 800.00 a year annual tax. I am already doing that with one LL...
Hi All,I recently acquired a property that has a smartlock. I would like to avoid providing keys to the tenants and just have them setup and control the codes for access. Smartlocks are expensive, I hate to have to sw...