Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
William Tong
Exit Strategies Solo 401K
I own a Solo 401K which is the sole owner of an LLC which owns 100% of 2 additional LLC's, each holding a small strip mall. I am 2 years from RMD. I want to keep the strips because they throw off considerable income...
Jeff Meszaros
Marketing- Ringless Voicemail and Voice Broadcast
Can any attorney or anyone else in New Jersey tell me if Ringless Voicemail and Voice Broadcast are legal or illegal in NJ for marketing.
John Thedford
The TRUTH About "Wholesaling" In Florida
Recently I have seen one BP member promoting "wholesaling" and wanting to charge a fee to "teach" you. In one of their posts they suggested BS escape clauses to get out of a contract. Not only is this unethical and di...
Hanbin Y.
Student investor from Atlanta
Hello everyone! Nice to meet you all and introduce myself. I am currently doing an engineering PhD at Gatech, Atlanta. Seems like there are mainly business people here in the forum...so please don't view me as an alie...
Lewis Sutton
FHA loans 4 multi units where owner "does not guarantee legality"
Hello fellow deep pocket colleagues,I found a multi-unit I like a lot in Chicago for a pretty good price. However, seller does not guarantee the legality of one of the apartment units. Has anyone been able to obtain a...
David Johansen
LLC Question
I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...
Nancy J.
Put Rental Property in a Trust?
I just purchased an out-of-state SFH rental property in Ohio, and the property manager is suggesting that I put the property in a trust, primarily for privacy reasons. She has drawn up trust documents in which her pr...
D T.
Forcing a tenant to vacate in California.
After much legal advice, I understand I can't force a tenant in CA to leave (no-fault evictions are illegal here) unless they are arrested on the property, stop paying rent, or if you have a family member move in. Thi...
Ashraf Farrag
Thoughts on converting my rental property to a lease option?
I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...