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Results (10000)
Ryan Bird Transferring to LLC - Void of Title Warranty
17 June 2020 | 2 replies

I'm seeing conflicting posts regarding quit claim deed transfer to owner's LLC triggering a loss of title insurance so thought I will post this again. This is a property bought under both mine and my wife's name. I cr...

Carrie Angyal Form LLC on my own or through an attorney?
11 April 2016 | 6 replies

We're closing on our first multi family property in a few days and will be forming our LLC soon to put our other rentals and this one in it. LLC members will be my husband and me. Is there any benefit to use an atto...

Alex Ballas Quadplex Analysis- FHA, 3.5% down, will manage myself
14 September 2015 | 12 replies

Hi everyone- long time reader, first time poster. I started reading all the books, blogs, and podcasts about 2 years ago, and am ready to get into the REI game here with a quadplex!I’ve done my best to catch all expe...

Kavan Kucko Legal 2 with an illegal basement apartment - Chicago
15 January 2020 | 13 replies

I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...

Jonathan Williams Accountant in Wilmington, NC
1 July 2021 | 5 replies

I'm looking for an investor-friendly accountant to help in preparing and filing my taxes. Does anyone have any recommendations for the Wilmington, NC / New Hanover County area? I would appreciate anyone who would be a...

Aaron Hudgins How to set up correctly to raise capital?
16 October 2017 | 8 replies

Myself and a partner are looking to begin a capital investing group for the purpose of acquiring multifamily properties focusing on manufactured and mobile home communities.

We want to make sure that we are starti...

Daniel L. Wholesaling Entity P&L, COGS vs Operating Expenses?
21 August 2013 | 7 replies

I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...

Jodi Taylor Information Needed - Adding Studios in Non-Conforming Chicago Basement
24 May 2023 | 9 replies

Hi all. I need some advice from someone with experience working with/building out non-conforming units in Chicago.I have a 4-unit 12BR4BA multi-family building (all four units are 3BR1BA) that also has a fully open 2,...

Frank Ugboh Non conforming Units
2 January 2024 | 15 replies

If someone is selling a 4 unit with 2 units non conforming (top and garden). They already have a tenant in one of the non conforming units. How much of a discount should I ask for or is having non conforming units som...

Jonathan Carrera Will I be in trouble with the SEC??
13 September 2021 | 8 replies

I want to buy a 16 units multifamily but the majority of the funds for downpayment will be raised from investors. If I raise $400,000 from 200 investors, would this create an issue with SEC laws ? The approach will be...