David Powell
SWITCH PROPERTY TO LLC OR KEEP IT IN MY NAME?
Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...
Larry K.
who owns the turnkey property?
Does the TK company actually own it first (name on deed) then sell it to their client/the new owner). Or are they acting as a realtor between a seller and their client/the new owner. Or a double close as wholesaler? O...
Brian S.
Valuing three 4 unit buildings
I listened to @Brandon Turner conference call last week regarding multi-unit buildings. I met with an operator that has three 4 unit properties (fully rented) this morning. The electrical was updated, plumbing was upd...
Federico Cantero
Build to lease
God night to all.
My name is Federico and Im starting on the Real Estate business down in Central Mexico. In this country, as you can imagine the RE business is a hole different animal that in the USA but numbers nee...
Sam Mann
Min. Amount of Capital Needed
What is the minimum amount of capital needed for someone who currently is not working, to purchase a commercial property, such as a motel, with a down payment of 20% and getting a mortgage from a bank, and being able ...
Brandon Duff
Good Deal? Leverage? Please advise
A guy is trying to sell his moms property. Local Properties are around 180kHe wants 175kMom owes 140k on the loan.Downpayment they want is 5000I have about 40k ( leverage?)Rent in the area is 1100No Agent will be inv...
Juan Turner
First Commercial Property (8 Unit Multi-Family). Good investment?
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Theodore Jackson
purchasing storage facilities?
Does anyone have experience with purchasing storage facilities? I am looking for an existing facility. I'm not sure if it a good Deal. should I apply for an SBA loan or conventional? ...
Changseok Kim
Question regarding LLC structure and liability protection
Hi BP members, I have not given much thought about liability protection until now, but I recently started reading books written by Garrett Sutton, and cannot help having questions. (1) Does Michigan afford charging or...
Nelson Leal
Need Cleveland, OH Real Estate Attorney
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.