Nick B.
Two company LLC structure as asset protection strategy
I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...
Rohan J.
Thoughts on this partnership structure???
I live in Los Angeles, and I've been investing in multi-families in the midwest for quite sometime now. A business colleague, who I've worked with in the past and trust 100%, mentioned that he wanted to invest in real...
Matt Geerts
Improving multifamily value in Ontario
I saw a 4-plex that was priced very well for the market it was in. I asked for the pro-forma, plugged in the numbers and it failed miserably. The problem is that the rents are about 80% of what I think that market ren...
Gordon Starr
Should I hire my own kids to work for me?
Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...
Tina D.
Should I even bother with this
Went and looked at a property listed on the MLS yesterday. It is a triplex in a hot hot neighborhood, and is fully rented. Cosmetically, it needs lots of updating, and it doesn't have some standard amenities like park...
Bill Thomas
I Have a Potential life-changing Deal Cooking...
I Have a Potential life-changing Deal Cooking...Hello friends,I was driving for dollars and found a distressed property multifamily property in the Bronx, NY. I have a verbal agreement with the owner in terms of price...
Jonathan Polanski
HELP!! I'm not sure if this is mean or not right to do.
So my realtor found a property for me. this property is listed on the MLS for 75k....She contacted the listing agent and submitted an offer for 76k in cash. The property is in good shape there's a tenant that lives on...
Jim Slack
Necessary paperwork
Greetings, had to sign up w/ a new username. Don't know what happened to the last one, anyway ... I'm Back!
Situation: Elderly couple facing foreclosure. Will sell me their property "at cost". Have about 50K in e...
Hayes Mercure
NEED HELP: Potential 1st Deal and Not Sure What To Do
So...I'm brand new and my deal structuring creativity isn't exactly fine-tuned yet. But I ran across a home 2 days ago and it's a 1st time flipper who is apparently in trouble. It's a fully renovated 3 br/2ba house in...
Marquis W.
Letting handyman live rent free if he maintaines multi properties
I had a guy that I have been using to fix my properties here and there offer to take care of all of them (which is 4 properties as of now but will be adding 2 more soon) if I let him live in one of them for free? I wo...