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Hi all, I need some advice regarding transferring to LLC. We are closing our first rental property next week. The deed and title insurance will be under my name. My original plan was to transfer to a property owning L...
I purchased a house in 2021 and lived there for two years before converting it into a rental property. I had not considered opening an LLC until recently when I learned about its potential benefits for liability prote...
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Hi all,I am the owner of a brand new, new construction SFH in Fayetteville, Arkansas. I have not set up internet or any other utilities, as there have been no tenants living in the property since I closed in late Febr...
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I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
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Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
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Hi,
I've been in Real Estate for 6 years and actively investing for 3 years now. I'm 24 years old and think I'll be self employed for the rest of my life and want to finally start preparing for retirement. My parents...
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Hello.I have 2 questions actually. Give situation then go from there.I have a house I am going to be renting out. Currently it is in my name still and everything. I am wanting to make sure I provide myself enough p...
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Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...
I have my first deal under contract. will close in the next week or two as soon as the title company is done with their work. I have a pre existing commercial line of credit set up that makes me the equivalent of a ca...
Am i crazy or is this agent just an idiot..or lying to me.I had a verbal agreement with a buyer who contacted me directly regarding purchasing a townhouse im selling (Goodbye stupid HOA!!). Tenants are vacating 7/31. ...