When there is cloud on title (lien, encumbrance etc.) and money owed, how exactly does a quick claim deed clear title and remove these defects? I have read around a bit but I am unclear how the quick claim deed precis...
Big dilemma on best practice or most efficient way to charge "rent" on tools/equipment that one partnership owns that will be used for remodeling/maintenance work on other partnerships with different owners. Let me re...
My wife and I have excellent credit, no loans, and a high income. We've never done real estate investing before, but are considering out-of-state turnkey properties (we're from the Seattle area, particularly bad for c...
new investor here- just got my first of (hopefully) many duplexes. Would it make sense to put it and any future properties under an LLC? Also how do you go about starting an LLC?
Seeking Advice:
I have an opportunity to JV with the current owner on a 70-unit MF townhome complex in Georgia. The property was rehabbed over the last 18-months. History of ownership with the current owner...
I am interested in purchasing a vacation rental in the near future. When qualifing for the mortgage is the historic rental income counted towards qualifying for the mortgage? In this scenario the historic annual tent ...
What is the norm for ownership and sharing the cash flow when three partners purchase an income property?
Let’s say one does all the work, the two others come up with down payment.
Is everything going to be divided ...
This will be my first investment with a partner. I do not want to own the property at all. I just want to finance the property and take my profit and go. The LLC states and I will change this, "that mediation is the f...
Hello!Just trying to understand something.So we have multiple LLCs for operating things such as consulting business, accounting business, and others that were created before a Holdings LLC was created. These are all s...
This is an interesting business model which just popped into my head while reading "Das Kapital" from Karl Marx. Influenced by talks from Richard Wolff who is an advocate of worker cooperation based businesses. This...