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Hey BP,I finally transitioned from the podcasts to a Pro membership lol. Currently getting my financial affairs in order to purchase my first rental. I'm located in So Cal and decided out of state investing would be t...
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was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
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Yesterday I was driving around while listening to podcast 109 about getting sued, LLC's, umbrella policies, etc. When I arrived at a rental property to show it a relative of the prospective tenant promptly tripped on ...
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I've been having a hard time finding a clear answer on this so maybe someone who knows Section 8 in California can help. Let's say a Section 8 tenant has been living in a property for over a year (actually 3 years - ...
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Hi all. Does anyone have any experience with this? I'm working with a seller in New York City who has a house in New Jersey. She may need to have a guardian appointed by the courts to reside over her affairs as she se...
I'm trying up predict the upset price on the foreclosure auction of a VA insured loan in Georgia and am not sure if I'm off base in my calculations.
The original mortgage was only a year ago and believe the property...
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I’ve recently come across a good off market distressed property in my area. I want to reach out to the owner to see if they’re interested in selling. My first go to is the assessors website. Owner comes up as “Admin V...
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What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
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Looking at some property info today and I come across a listing that states that the owner is "State of Oregon, DVA to N. Yee." I bet it's obvious, but I'm not figuring it out, and I'd love to know. For whatever it's ...
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I have POA over my mother's financial affairs, which includes a residential property being rented. It is free and clear, and worth between $220k and $240k. I am trying to see if I can obtain a non-owner occupied HEL...