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Hi everyone,
I am a foreign investor (from Australia) looking at purchasing some properties in Las Vegas next month. I have been doing some research and I am finding it very hard decide on whether or not to use an LL...
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We have a condo we're looking at leasing to a company for their employee. The company will sign the lease, with the employee listed as the tenant. Do we need a guarantor listed as well? The company's legal counsel has...
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After listening to Asset Protection podcast and having a sizable portfolio, I started believing that now it is the time to move on with systematic approach and long term strategy. As a part of long term strategy, I am...
Hello everyone,Anyone have any experience with possible gift tax implications that I could incur with a quit claim deed transferring a multifamily property from an LLC that I own into my personal name?
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I had an Attorney set up a sale subject to the existing mortgage on a house I Mortgaged. The deal was set up under my corporate name with me signing as representative of the company. I donated my interest in the hou...
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Hi BP,Curious how others handle this situation? Tenant A was the main point of contact and main individual who made rent payments, communication, etc. Tenant B lived in the house and was on the lease as well. Tenant...
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I've received an application from 3 individuals who live together. The first two are a couple with a baby and would qualify for the home individually (each income separately is more than 3x monthly rent, etc.). The...
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I am realizing that trying borrow your 5th - 10th mortgage from the bank is going to be a uphill battle. I am curious to know if there are any individual investors here in BP who has successfully reached the level of ...
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Simple and straigh forward question but important to me.
Are any of you folks wholesaling as an indivdual?
I heard a few years back, that some lenders are frowning on Individuals being listed as a payee on the HUD s...
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So I am attempting to do a 1031 exchange and everything looks lined up except for one aspect I'm not sure about. I am selling a single unit investment property in Pennsylvania and buying a 3 unit multi family property...