It can be a nightmare. My association has been self managed since the developer turned it over to the Owners (12 yrs ago). We have had our secretary in place since the beginning (12 YEARS).Her husband a former fire c...
Greetings Everyone!My name is Mike Lopez and my wife Angela and I have finally reached our first goal in real estate which was to pass the real estate licenses state exam in Florida. Although we know that you don't ne...
If you have a trust in which your LLC is the beneficiary, is it possible to commingle funds?
From what I've read the trust is the owner of the property and you need a trust bank account, etc... but trusts generally ...
Hey guys!
Writing to get some opinions on this as I've had mixed thoughts...
Do you buy and hold investors out there think it even matters to do a physical walk through of a property you're thinking of buying? Or doe...
How the Fourth Commandment will make you a successful investorIt never fails: each time we start a new property a contractor will ask me why they can’t work for us on Saturdays.You see, our job sites shut down on Satu...
My 506(c) fund is invested in real estate. However, the investors become LP's in a company. The company agrees to pay them a preferred return with a promote. This is a debt structure and not an equity structure. Yes, ...
I am trying to get started on real estate investing out of the Chicago area. I have be under the impression that using your home address to start a business entity is not the greatest idea. I've read in multiple artic...
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Hello!I am a 21 yr old college student and have been very interested in REI for a few years now. I have listened to both BP podcasts for a while, as well as some books and other resources for some background knowledge...
Good morning everyone!My name is Kelan, and my fiancee's name is Liz. We are completely new to the real estate investing world. A quick little blurb about us: I am currently a Physical Therapist, and Liz is a Realtor....