Saurin Pandya
Setting up an LLC
Hi All, I am planning to setup an LLC in NC. My goal is mainly to buy rental properties and do rehabs. Any tips/advise for someone setting up a business for the first time? Also, I am debating if I should use LegalZoo...
Alex S.
Self Directed IRa and Keeping safe.
How do you keep your name off the paperwork when you create financing to the new homeowner in self directed Ira. In the event the ira would have to foreclose I do not want my name visible. Perhaps just account number...
Kristina Anderson
Attorney necessary for Commercial Contracts?
Hi Everyone,
I know any attorney reading this will say "absolutely yes!" We are wondering whether it's worthwhile to engage an attorney to review a commercial contract on a smaller-sized residential building (but lar...
Michael Plaks
Monday Sept 16: the IRS deadline for Partnerships and S-corps!
September 16 deadline (delayed one day since Sept 15 this year is Sunday) applies only to
Partnerships (including some multi-member LLCs) that filed a 6-month extension request on Form 7004 on March 15S-Corporations ...
Luke Cionci
New Home Buyer - Contractor Nightmare
I recently bought my first home and had started replacing the siding myself. Along the way discovered some of the walls were rotted out due to previous termite damage. Since this was out of my experience I ...
Deano Vulcano
Management Company Question
I was recently in discussions with a management company in Charlotte for my 11 unit apartment complex in Gastonia. She insisted that in order for me to sign a property management agreement with them, I would have to a...
William Klawitter
Quickest way to get escrow instructions out to seller on a wholesale deal
I've been wholesaling for a bit now, and my current process is:1. Get purchase contract signed by seller2. Find new buyer, assign contract & get their EMD in escrow3. Escrow instructions then go out to the seller ...
Rob White
Buying in pre-foreclosure...with some added complications
Im looking at a condo which is in the $100,000 range and curious if anyone has seen these as red flags or possibly if im getting in over my head. Ill bullet the items to make it easier.
- Seller says the for...
Arron Paulino
Real Estate Investing Reset Button Has Been Pushed
I decided to make a post here to essentially reset. I was a newbie who started investing in real estate during the pandemic so I've been at it for a few years now. I am planning on liquidating a couple of my propertie...
Kathleen R.
Closing on my FIRST building....
Hey BPers I am scheduled to close on my first 4 unit building in the next week. I have been planning and saving for what seems like a lifetime to buy my first investment and now that it is happening I'm so nervous!!!!...