Michael D.
Personal Trust?
My wife and I are considering creating a personal trust for ourselves that would hold all our assets, thus making it simpler to die. We're only about 30 years old, so hopefully that won't happen for a while, but yo...
Account Closed
Most Millennials regret buying a home
One of biggest issues I’ve personally had with Real Estate in general is the very large up front costs, arduous process and illiquidity involved in it. So many R.E. Owners and agents constantly say this property is wo...
Dan Grove
Should we believe the lawyers that we're all going to get sued?
Hello friends,
I have heard many podcasts with lawyers saying that real estate is the most common source of lawsuits and that its not if but when we'll get sued. A lawyer obviously has a vested interest in scaring u...
Rich Hupper
Irrevocable Trust question for the Tax and Legal Pros!
Thank you to anyone in advance that could help me with this loaded question / situation. My father use to own a piece of industrial land with two commercial rental bays on the lot. About 9 years ago he transferred tit...
Jesse Kerr
Question for those over 200 + Units
Hi - When hitting 200 units, what processes/systems changed? I'm noticing hitting 60 units a few things ie. hiring a personal property manager under payroll keeping costs fixed etc. I'd like enlightenment regarding ...
Steve P.
Signing Documents Question - LLC owning other LLC
Hi,
This is a dumb question with probably a simple answer but I'll ask it anyway!
Let's say I set up an LLC called ABLE. This LLC will not have any real estate in it but will hold other LLC's that own real estate (...
Han Qing Zhang
How to get a business loan if we are young company?
My friends and I formed a company 1.5 years ago and started flipping in Seattle Area. We have track records of success and now seeking for working capital for more upcoming project. Is our company too young for a busi...
James W.
Effective Rate of return.
Hi everyone -I see Net Lease property listings on the internet.The bigger brand name tenants have Cap Rate of ~5%.If I finance this property at 4% mortgage interest - is it correct to say that the net return is about ...
Sachin T.
Real Estate as a Business
Wanted to find out what people think of this line of thinking : 1) All your buy and holds are a business 2) You borrow money with a downpayment, just like in any business you would have some stake (say a VC funding)...
Jeff Jenkins
Closing Costs
Is there a general rule of thumb to determine a closing cost estimate for multi family deals?