Matthew Fragassi
How to become an LLC
I have decided that I feel an LLC would be the best route for me to start in the business. I just wanted to get some opinions on the best way to start one. I have heard good things about LegalZoom, has anyone else use...
Yuuj V.
Moving Properties to LLC's
Good Morning BP Community!I am in a predicament with 3 SFH's I have mortgages on. I asked all mortgage companies if I can move the properties to LLC's. All my properties are in different states, (OH, IL, LA)For sake o...
Steve Fitzgerald
Land Trusts and LLC Formation in different states
I have a rental property that I own free and clear. Based on some of what I’ve read in the forums and heard on podcasts I’m considering putting the property into a trust with an LLC as a beneficiary. This is in additi...
Carol Hu
How to send tenant to debt collector
I have a tenant who owes me 7+ months of rent, I filed the eviction when they were two months behind, but the court gave me a court date of 5 months later. The tenants left the day before the court date, so the evicti...
Julie Falen
Subject-2 buyer not performing
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...
Mauricio Botero
Philly Realty Transfer Tax (x2) when buying from a wholesaler?
As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
Eidref Laxa
Grandmas House in Mountain View CA Quitclaim Deed then Refi?
We are entertaining the idea of purchasing my fiancee's grandmother's home in Mountain View, CA. This house is in a PRIME location, walking distance to google. COMPS are going for 1.2-1.4 mil ARV. We want to present t...
Tatyana Rimar
New Out of State Investors
Good morning! I know this has been asked before ( I have read the prior posts), but I am looking into Indianapolis as an out state investor from NYC. I have some ideas but would love to chat with someone who has exper...
Hector Rivas
Wholesaling On-Market Properties
I’m 18 years old and I’m trying to get into wholesaling real estate. I’m running into the problem of providing POF’s. How can I go about this? I know grabbing a random POF’s letter is consider fraud, etc. I’m not gonn...
Brian Lybert
FHA Loan for first investment in my wife's name
So I am picking out my first buy and hold investment property. I bought our primary home under my name (she is not on the lease). Talked to a lender, and he suggested we put a 2nd mortgage on the investment property ...