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What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
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I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
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Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
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I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
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In Virginia, a property manager must have a brokers license.
What happens if your clients are okay with the fact that you don't have ANY license?
Do they throw you in jail for managing someone else's property?!
S...
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The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
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We moved into a house 6 mos ago, every since we moved in my husband's health has gotten worse he is 52 he has became extremely fatiqued, sinus probems has gotten worse, I was working at the time until 6 wks ago I woul...
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See first to understand the context of this post here: https://www.biggerpockets.com/forums/44/topics/251...I want to see homeownership evolve to fit our current lifestyle and desires. Will home ownership in its prese...
Hi everyone,I'm a big fan and followed a ton of the posts. Right now, I own a multifamily property bringing in 2K cash a month (if I don't live here)...Right now, I live for free and make a few hundred bucks a month.I...
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Hi BP,Wondering if anyone has suggestions for rent control units? Rent control Particularly in Oakland, California. I have a unit at an excellent rate, and like to get my other units that are at low rents to at leas...