Would appreciate your help as we are in escrow for our first multi family rental. I have heard that in CA, best title vesting is - ‘Husband and wife as Community property with right to survivorship’ as it offers doubl...
So I have a property that I put in a land trust with a relative as the trustee and the beneficiary as an LLC. My question is, who do I have the tenant make checks out to?
The relative is basically managing th...
For a person that holds their rentals in Land Trusts and does not have a massive wholesale company why wouldn't he/she have everything under 1 LLC? The LLC wouldn't ever hold any assets. One the wholesale side it wo...
I recently listened to BP Podcast 109 regarding asset protection. I think it is brilliant and Scott makes a perfect argument for why you should be structuring your properties for anonymity as well as why an umbrella p...
So, I live in Alabama, own and run a medium size rehab/remodel company. Found a house that is good pickings for a flip. Purchase price is 47k with around 25k of rehab. Using a hard money lender with 20% down. 12% inte...
Hi There!My family has a 3/1 that is owned out right free and clear in Massachusetts. It is currently owned in an irrevocable trust, with my mother inlaw and aunt inlaw as trustees and beneficiaries (I presume this th...
I have a couple of investors that want to participate in a flip with me. I want to provide them collateral which would be the property. Does it make since to structure this in a trust with me as trustee and investor...
Hello,
I purchased my first buy and hold property late last year under my personal name. I'm looking to start adding more properties later this year and decided I better get a business entity established sooner than ...
Hello everyone! I am in escrow for a subject-to deal that I will be using as my primary home. I only know the basics when it comes to creative finance. I am worried about the due on sale clause as most people are who ...
Is a deed of trust the same thing as holding a property in a trust?