This is for those Real Estate attorneys or people who have experience with my question:My mother-in-law wants to partner with me on my next deal and wants to be a silent money partner in this deal.She has no plans on ...
Alright all, we followed the advice of everyone on here and started an S-Corp back in 2017 for tax purposes when flipping homes. Additionally, we own a duplex in the company name but that is not the basis for my quest...
Hi BP,I'm entertaining the idea of starting my own residential property management company. I currently work in commercial real estate as a property manager and I would like to take this experience and start my own pr...
Under contract on our first potential property and just got the inspection report back. I feel totally overwhelmed by the list of 100+ things. Which of these would you expect seller repair credits on? Which of the pro...
Just saw on the news that a nearby apt from mine burned down and resulted in one death. Sucks for all parties involved but now its got me thinking it could happen to me. I have the place insured but something tells me...
I have an LLC for my real estate business (I am an agent - no investing yet). I am getting ready to move forward with purchasing a duplex for investment purposes. Should I purchase the business under my current LLC, a...
Hi All, I'm flipping a condo in Cook County (Illinois) and recently discovered that the GC I've hired and paid more than 80% balance of labor has not paid the subcontractors. I have receipts and bank statements to sub...
Is there a program or something that I can do to change owner paying to tenants paying there own electric water gas?
Hi all,I got pre approval letter from my lender under my name. But now I’m trying to set up a Llc and would like to apply for mortgage with the Llc.my questions are : what type of mortgage can I apply for with Llc, is...
Currently have 10 properties that are under my personal name and in a conventional loan, SunTrust and Plaza Mortgage banks. It’s time I add some sort of asset protection to my portfolio.I want to deed them over to a S...