Hello everyone,
I'm a single investor with no partners.
I started by placing my 1st rental property into an LLC (for this example, *JOHN SMITH PROPERTY INVESTMENT, LLC*).
I just purchased a 2nd rental property l...

What type of investment account would you park $1000/month into?With the way inflation is, I don’t like putting money away in a traditional savings account. I want the money to compound for me, but also be easily acce...

This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...

I have decent credit but avg age of credit accounts is not the best. I have purchased two new houses last year and refinanced two. I have a few really old credit cards that I closed a long time ago (stupid I know) I h...

BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...

We just had a discussion with a borrower who sold a house in Los Angeles for $2.5 million to a cash buyer!!! Funding was due last week and the buyer received an email from escrow with wire instructions to send the re...

As you know, real estate is at a 30 year low right now in many markets. Recently all over Wall Street Journal, New York Times, and countless other publications there have been stories about big Wall Street companies ...

I haven't been a victim and would like to keep it that way. I heard a story of a borrower who changed the payoff letter and wire instructions to the title company and then impersonated the lenders voice on the wire co...

I have an LLC with 2 - DBA companies already listed under it.  I have 5 properties and want to start a new Property company.  Should I start a new LLC for the property company and then separate each property as a DBA ...

Not sure if this is the right forum for this, please move the thread if it belongs somewhere else.I'm very computer literate and I'm comfortable putting in the time and learning new programs. I've been a Quicken user ...