Hi BP- I currently have a multi-unit in Missouri that was purchased under an LLC. I have a two part question for the attorneys in the room.1) Our lender required that my mother be listed on the LLC Operating Agreement...

I've been managing for over 2years , all of the income has been used for the company (llc). Now I want to start taking a salary?   How do you do it?  Monthly or one allotment per year/quarter?   Love to hear how other...

Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions.  I inherited a tenant who has been getting their rent ...

I sold a rental property that was generating rent. I did a 1031 exchange added some money to it and bought another property that I knew had some title issues that I believe are low risk and the risk to reward was huge...

A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.

Not only do members need to have an Operating Agreement but the corporation needs to be maintained.

Min...

I close a “subject  to” transaction in July 2023. It was closed to a title  company. I have been making a mortgage payments since then on time no problem.The old seller contacted me of course, when they were trying to...

Can anyone recommend a title company in the DC metro area that handles Subject To or Seller Financing transactions? I recently came across Pace Morby's video on the "subject to" real estate deals, and I am interested ...

We are three days away from closing (obviously won’t be closing on time) and I just got word that I, as the buyers agent and one of the buyers can’t be on the title if we wanted to get the loan through Wells Fargo.
M...

Hi All -

Wanted to get some advice on a situation where a tenant (who is also real estate agent), have a notice of move-out (Dec 20th) which we only received today (post marked dec 5th), requesting that as per RCW 59...

I just had an interesting exchange...
I'm both a landlord and a tenant in Florida. While I always give specific advanced notice of entering to my tenants (e.g. I tell them exactly what day and time I will be there), ...