Ok I have set up my LLC- I have my Tax ID # and my "Articles of Organization"....is that all that's needed? Is the Article of Organization the bylaws or is that a different form? Sorry if this is a dumb question..Txs
Hi BPs. I hope you will forgive me if I'm in the wrong forum but this is only my second post. I have mortgages on 4 properties, all of which are in my name. I've had these properties for 6-8 years. But I want to e...
I wanted to gauge if my thought process is logical or illogical in this scenario. I am 24 and currently own 2 homes, one is a single family that was changed to two units and cash flows $150 a month. The second is a ha...
I recently bought a rental property under my personal name. I'm the only person on title. Now, I would like to change the title on this property from my personal name into a single-member LLC which I own 100%. On t...
If you're a real estate agent, what are the ways you go about analyzing a deal before sending to potential buyers? I'm an agent based in the San Fernando Valley in CA and I work with investors to help find potential d...
Basically, I want to make sure that my tenants will be able to pay if one of them ups and leaves, disappears, or gets hit by a bus.Is it ok to require minimum income of 5x for household and let's say 2x for individual...
Hello BP,I just signed a contract for a property in Cleveland, OH and require a real estate attorney to advise LLC creation for the purchase. Anyone vouch for a good attorney in that area? Thank you.
I’m wondering how to approach this. I haven’t researched it with Airbnb or VRBO (yet) but I’m wondering how that would work in the event of the account owners demise....I have a trust for our properties but we run our...
Ken Griffin has spent the last ~10 years purchasing and assembling 14 properties in Palm Beach, about a quarter mile south of Mar-A-Lago.After spending hundreds of millions already, he is now in the process of tearing...
Hey everyone. Just curious to know if 1 bed 1 bath condos are bad investments. This particular property cash flows, but I worry about appreciation and also the pool of renters to choose from. I believe a lot less peop...