Steven Straughn
Create LLC for family-owned rental?
Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
Josh July
What would you do? Investment strategy
What would you do? if you recently received a large settlement(over a million), got a great credit score of 770, have only a few hundred bucks of living expenses per month.
What would you do with the money? Would it ...
Mark Russell
first wholesale deal
I am interested in flipping and my mentor told me to go and find a deal and I did, but I have talked to 3 different hml sources and can't seem to get financed because I don't have any money to put down right now. I do...
Katherine Robbins
Having a Trust run an LLC
Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
Anna M.
PUTTING YOUR REAL ESTATE IN A TRUST ACCOUNT
SCENARIO: 1. Every property gets its own trust and ideally itâs own LLC - check! (Got that) 2. Give the trust a unique name that does not bring it back to me (Anna) and give it a P.O. Box address - đ¤Question?âď¸ Wonât ...
Ken D'Alessandro
Self-Directed IRA
I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
JASON CHOI
Asset Protection for Novice Real Estate Investor
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
James McGovern
Has anyone figured out a cheaper alternative to Cash for Keys
Has anyone figured out a cheaper alternative to Cash for Keys. Looking for options that cost no more than $200...
Wilmer Feliciano
Newbie purchase agreement Question?
I downloaded the purchase agreement form from the free forms. And just wanted to know what goes in the Subject to section of the form and the $__________. if any seasond investors can help please.
Michael Hicks
Going around a wholesaler?
I was recently contacted by a new wholesaler about a property in an area that I love to buy in. On the surface it was a great deal based on the pics(very few), the price, and the area. I arranged to meet with him th...