Jimmy H.
Junior and Senior Lien holders
It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.
Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k...
Account Closed
Starting an HOA in California- I own all the units. Need advice.
We own 3 condos that were converted from a triplex to condos during our ownership. I am trying to set up an HOA. I've been working with a lawyer and my next steps, as I understand it, are to 1) file the articles of in...
Angelica Lopez
Did you use an attorney for your LLC?
Hello Investors,
I want to get an LLC for my REI, but not sure if I should just do it on my own through the State website or hire an attorney. My reasons on doing it myself: Pros= quick, cheap, simple ...
Courtney T.
Why establish an LLC for my rentals?
I see people post about their LLCs and I haven't quite determine the value in that. I own 3 SFH in CA and manage them all. Is there something I'm missing?
Michael Vieira
Is investing in tax liens a good place to start out?
I do not have large sums of capital to invest, so I figured I may be able to invest in tax liens with the possibility of acquiring real estate for cheap. Is this the best way to go about my situation? If so where shou...
Andre Taylor-Domville
Hudson County Property Tax Increase/Appeal
Hello all,I recently received a notice that my Hudson County, NJ property's taxes have been randomly increased by over 8k due to improvements made. This came as a huge shock to me and it essentially doubles my already...
Alex S.
Single Member LLC and Limited Liability?
Hi Folks,I am looking to purchase my first investment property (either a SF home or less than 5 MF units) and plan to hold it in an LLC, with myself the only member and the member-manager. A couple questions about th...
Elizabeth Hernandez
Mobilehome Buyer doesn't want it after all, She wants money back
Hello everyone, my mom 67 yrs old sold her mobile home AS IS contract (buyer was aware) all documents where fill out, Bill of Sale, Certificate of Title, Registration Card, The buyer just needs to pay the Tax and send...
Steve Chenoweth
LLC, S-Corp, or LP Holding Company?
I'm just ending college in May, and my friend and I are looking to buy our first investment house in a partnership within the next year. Before we do that, I want to be protected from as much liability as possible and...
Dana Regan
Can one of my LLCs loan my other LLC money?
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...