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Hi folks,Working on getting my holding LLC off the ground. I'm going to set up my LLC in Wyoming (even though I live in California and properties will be located in other states, Wyoming has very favorable LLC laws).I...
New to buying and selling notes. Is there a general rule of thumb on selling partials for performing and NPN and Sub-performing notes. Which partial strategy works best for the above note class. Looking at just sellin...
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Hello all,I have been looking for a RE community ever since joining the industry back in late 2014 and I'm surprised I have just discovered this wonderful site. My journey (keeping it short): I got my CA Salespersons ...
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I am putting together a friends and family deal on an multi-family property and was considering the following structure.
My LLC essentially sells a number of loans for "X" dollars to fund the renovations and down pay...
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Hello BP,
Sorry for being long (type) winded . I've been a lurker on the forums for the last six month or so. I like to say I've been a landlord for the last 13 years and want to take it to an investment level. I ...
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Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
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I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...
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I recently posted a few questions and received a lot of great help and feedback but it left me with one last question I was hoping someone could help me with.In Florida I am confident I can give my tenant a notice to ...
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Hi guys, does anyone have experience with the "right of redemption" law? So what I am wondering is if a Judicial foreclosure happens and lets say the house is worth $200k. They for whatever reason let it go to somethi...
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Do you know anybody who has successfully completed a judicial foreclosure lawsuit for an Alabama tax lien, under the new tax sales system? I'm trying to create a list of problems people have encountered along the way...