I am about to take on management responsibilities for a few properties for an out of state investor. I have already looked up the laws in my state ((Maryland) and I do not need a broker or a license. My question is wh...
I live in Texas where LLC's are very popular asset protection tools. However they also provide for or can provide very interested estate planning tools. If an llc member dies and owns a number of properties or othe...
The first part of this house hacking success story could have been written a couple years ago, but it wasn't, so here is the final part!We bought a duplex with owner-occupied financing in March of 2015. We had to evic...
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
Hi all, I am in the process of creating an Operating Agreement for an LLC and would like to put some further detail into our dissolution section. How do you all determine the Fair Market Value of your rental property ...
Is there any difference in taxes if I report $20k net profit made with:a] 100% personal cash (savings)b] 75% borrowed and 25% personal cash?
I was in a (person to person) discussion about this site and another forum with a pretty green new broker. That person was under the impression that these forums are a great place to find information to use for their ...
Hey, did you create an LLC to conduct your wholesale business or carry out your wholesale strategy? For example: ABC Homes, Mountain View Real Estate
I have a LLC registered in NC and am considering doing business in Florida. I have the application, from the Florida Department of State's Division of Corporations, to file as a foreign corporation. The application st...
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...