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Completely new. I have no properties yet, but I am in the process of teaming up with two others for the purpose of investing in a triplex or four-plex. The other two will be investing more money than me, but I will do...
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EE company buys property, a connected building, for $200,000.
EE company uses 2 private lenders for $100,000 each
Each lender gets the lenders policy from the title company on their “deeds of trust.”
EE transfers th...
I purchased an older duplex with 1st and 2nd floor units. I purchased it for my brother and rented the upstairs unit. My brother passed after only 10 months.
Long story short, my brother smoked on a screened porch, ...
Hi All, I'm going through due diligence on a property and discovered that it has two outstanding DOB violations in Cook county from 2017 and 2020 from the Original Owners ("OO") who are not the Current Sellers ("Selle...
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I am new to this forum. I am close to own this investment house in california. The neighberhood is Ok in mid to low income area. but there is a old junk car keep parking indefinitly infront of my property. Should i be...
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I understand the downsides to doing this, but has anyone sold a house with an existing loan on a contract for deed? I'm about to do my first one and I want to know if after I complete the contract, if at some point I...
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Hi,My tenant's lease will be expired in about 4 months. I don't intend to extend the lease because his always late rent payments, changing lock without my approval, allowing additional family members living in the uni...
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I wasn't exactly sure where to post this but since it is for a MFP, I figured I would start here.I am giving consideration to installing cameras on the exterior of the property to monitor the front door, side entrance...
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One of my new years resolutions was to be more political, yet here I am at the last minute and I have no idea who I prefer for the NY Gubernatorial Republican Primary.
Anyone have any comments?
Thanks,
Mark
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If one were to decide to start creating an LLC for each new property at the time you get the contract, what is the proper way to go about writing the offer? Meaning is it okay to put what the LLC's name will be and th...