Got a call from a prospect with a full time job & several foster kids for whom he has guardianship. Without the (substantial) payments he receives for each child, he wouldn't qualify under our income criteria. Ho...
I'm not sure if this is the right forum category for this question, but it seemed most appropriate.I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I ...
Hi,
Imagine the following setup:
->TexasSeriesLLC that holds no assets and serves as the "parent" LLC, single member (me), member-managed, has its own EIN and bank account.
---->Cell1 - a protected series of ...
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...
Has anyone bought a home out of state for their child and roommates to live in? This is our 1st venture into a "rental property". We are putting our son on the loan as he will be the part-owner and occupying the pro...
I am brand new to real estate investing. I plan to start with wholesaling real estate as I have credit issues. Read something about wholesaling with discount mortgage wrap. Does anyone use this strategy. Can anyone t...
Just when I thought I had seen it all. In court today trying to evict an inherited tenant in a managed unit. The judge actually continued the hearing a week as the tenant was deemed incapable of making sound decisions...
n Alabama.. I have a potential tenant and did my due diligence, ran this potential tenant through rentprep.com for a tenant screening. Shows credit, ok, shows judgments, payment history and says NO convictions.For k...
Hello, My wife and I recently opened a Series LLC as we plan on having more properties. I asked the banker if we will need to have a separate checking account for each of our properties but she didnt know. Any insi...