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Hi! I am wondering how to form a holding company. I was told that you just form a standard LLC and I would just list my current LLC as a managing member. Is that correct?
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I get this question, as do many of you I am certain, if I will complete the short sale and do a leaseback/option to the seller.
Of course, I always say, "that's not something we can do". But once again I am doubting...
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I'm not sure this even makes sense so here goes.
Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...
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Hello All,
If the utilities are seperate from the rent and the tenant has not switched it over as they stated they did(what, a tenant that didn't tell the truth?) - am I legally allowed to have it turned off?
I have a...
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After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...
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I'm being told by everybody that its a scam but I can't figure out the angle...Has anybody ever heard of them or done any business with them?
NOTE FROM ADMIN: Please note when viewing this discussion that most respon...
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Having difficulty with a property we bought at the sheriff's auction (county tax auction) in Bexar county (TX). At closing the title company cannot find a lien release from 2009 in the amount of 64K. That is drawing t...
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Hi all, I'd like to see your advice on my very weird situation with my ex-property manager in Chicago- Get Cashflow Today. They just sent my account to collection agency, asking me to pay the bounced check happened in...
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I'm looking at a small town (probably too small) to invest in. There is a small hospital, and I'm curious about the potential of providing nicer (maybe even furnished) rentals to traveling staff. I know I've seen th...
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Hello all, I'm in the process on closing on a property located in Chicago and the title commitment has the legal description of the property as ... PRINCIPAL MERIDIAN, IN COOK CO ILLINOIS. but the current recorded dee...