Hi, I need some guidance on business formation. I will start investing with a partner and want to make sure I do it right. Ive heard that is best to set up a corp with a mixture of LLC and then a sole prop for my indi...
Years ago after a divorce and losing my own home, I began investing in real estate, both apts and single family homes. Since I was single, I rented and lived very simply. Now things have changed and I'd like to buy ...
So, I'm having an issue with a tenant and they've contacted Housing Rights Center and is claiming that there is Disability Discrimination.... It's not true but i believe I'm going to have bigger issues now and i might...
Hello all,I just had an investor back out of a deal that we are set to close on in one weeks time. They had signed the LLC's operating agreement but had not yet wired funds to the LLC'S account. It states in our OA th...
Hello everyone.
I have been investing in single family homes for about 35 years now. For many years now I have flipped between 180 and 250 homes annually. In addition to this, I own and operate more than 100 single...
Is it possible to structure a purchase on a property as follows:
Negotiate with the 1st to get the purchase price down to reality while simultaneously keeping the 2nd satisfied?
Can I keep the 2nd involved somehow? ...
When you buy a fourplex with tenants do you restructure the current leases with them or are you locked into the leases they had prior to your ownership? Also, how would you inform them about rent going up to meet the ...
In the commercial mortgage space we have found that NPN investments can be divided between
(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and
(2) purchasing NPNs in which we’ve worke...
Myself and two partners purchased a buy-and-hold under our LLC. One partner has gone out on his and lays no claim to that property at his request. He is now not considered a partner on the LLC. My preference would be...
Greetings.
I'm new to real estate with a question regarding LLC. Currently, I'm getting ready to buy my first property wondering if I should get an LLC. What I was told is you don't need one until you generate some...