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After reading posts after posts of land trust, LLC and asset protection, etc, my head is spinning. So I thought I'd start a new discussion on my specific situation and solutions.I am closing five out of state REO prop...
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Need some creative investor help! There is an attached villa that has been vacant since the owner died 3 years ago. It was also condemned at that time. I've done a ton of investigating including talking with an age...
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In my estate planning I, like many, am looking at the "due on sale" clause (if) within the 2 mortgages for my rentals.I've yet to find these terms or similar definition within the mortgage documents and am still rerea...
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I have a question related to an inherited IRA account. My dad passed away in 2016 and I rolled his retirement accounts into an inherited IRA with vanguard. My question is pretty straightforward: are there any tax im...
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Hi, We have 6 properties that we personally own, and are interested in moving them into an LLC for protection. What is the best to accomplish this without causing the lender to accelerate the note.
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Hey Bigger Pockets:
I'm considering forming an LLC to protect my business partner and I as we inch closer to beginning our REI journey. We are looking to start with purchasing buy and hold property and hopef...
Hello, I have a good friend who just moved out of a duplex house that he lived in for 5 years. He wants to rent it out and I approached him about me buying into the property with him to form a 50/50 partnership. The i...
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I just flipped 3 properties today to a all cash investor using a land trust. I had never done it before and I was skeptical but I closed all three deals same buyer within 3 hours.
Here are the steps if you want to u...
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In 2018 I separated from my husband and needed to buy a house. Due to my pending divorce my dad helped with my house, I put the money down to buy it and he obtained the loan and also left me off title (long story ther...
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Currently 17 and waiting until I’m 18 to get my first property under contract to keep myself motivated I have been getting leads in my free time just so I can get the hang of it and understand it more, however I haven...