Clark Meyer
Seeking advice on LLCs with Mortgaged SFRs
Have heard two sides to this:
1) mortgaged properties cannot be put into LLCs and the bank will call the loan (due on sale etc). Only option would be umbrella insurance.
2) banks never find out you put it in an LLC...
Duke Nguyen
Contractor not doing the job properly - What are my options?
Hi all,We have a situation with a licensed contractor that we hired to rehab one of our property and I would like to have your opinion. Although the project was planned to be 2 weeks time, it took him about 5 weeks t...
Westin Hudnall
Auction.com - What does a first time buyer of the site need to know??
title says it all (Plan on bidding on 2 properties next week). Thanks in advance for the advice :)
Daniel St John
NC-RTP Buy and Hold Townhome SFR Good Numbers and Thoughts??
All,My girlfriend has planned to move in with me the beginning of May. I realized a couple weeks ago that there would not be enough room in my current townhouse (2b/2.5 bath, 1089 sqft) for both of us, since I work f...
Ryan Daniel
When to transfer title to LLC
Hello!
When is everyone transferring their titles to their LLC’s? I heard Brandon talking about how he uses private money, rehabs, refinances, and then transfers the title to his LLC. But how are investors getting ar...
Jeff Pollock
Help! New Roof Could Derail House Hack
Hey Everyone! I'm a rookie working on my first deal, which is currently in Escrow at the moment. The inspection report came back stating a new roof is needed because of several gaps in roofing seals and doesn't look i...
Ryan Davis
Tenants heat is out, what to do?
My tenants heat went out last night. Luckily, I have a home warranty. I called and the soonest they can get one of their contractors out there is Monday. The tenant is not happy about this with today being Thursday. I...
Tyler Wotherspoon
AirBnb starting question
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
Roscoe Deel
BRRRR with a quit claim deed?
Hello everyone! So I'm looking to buy a property from my cousins they inherited and want nothing to do with. It needs a lot of work. My plan: I wanted to do a quit claim deed to take possession of the property with no...
Phat Vi
Analysis on a 4-plex in Fresno, CA. Is the math correct?
Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...