Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
Hi There,I am new to real estate investing, and have 3 properties and want to start building properties quickly, but correctly. My first 3 properties were purchased in my name and I thought I was smart by purchasing ...
Hello,
I was just wondering what the legally correct way is to sign a landlord policy if you own a property in an LLC, and the name of the "insured" is the LLC? I know on most legal documents you are supposed to sig...
Hi All,This is my first year recording my mileage. I am a real estate agent and work full-time as an attorney for a corporation. Accordingly, I only spend a small percentage of my year working as an agent v. attorney;...
BP Nation and specifically BP Canada,Can anyone tell me if it is possible to get Canadians to lend on US real estate using their RRSP? I don't know a lot about this except that it has to be at arms-length to lend on C...
The short sale lender wants to close by April 15th.
Let's say I use bridge funding, that means the C buyer would need to close around April 18th.
My title company has told me that a land trust is needed. Reason:
So...
So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
I am buying a new construction duplex from a builder. However, each unit of this duplex has its own property ID (aka parcel ID or folio ID), so they are 2 properties technically, and they are called "condo" in the cou...
Hi Team,
I have a conundrum. I am trying to figure out how to get started in terms of "What entity will buy this property I am interested in?". I will briefly go over my scope and goals and will propose some ...