I have a commercial property with 5 units that is part of three phase shopping center. I have a martial arts studio interested in leasing one of the units. Should I be concerned about increased liability and/or it bei...
Hi Everyone,
I am paying off a mortgage for a NNN property that I have bought using LLC name A. My attorney is indicating that it may be better to first create a new LLC B where all my funds would be deposited first ...
I was researching LLCs and how to set them up when you are an out of state investor. There is so much information and it's getting confusing and seems to be pretty costly to organize everything.
It seems like anonym...
Hi,
We have our primary residence in Texas, own an 2nd Home property in FL that we STR with an LLC to operate; and are purchasing a 4plex in Louisiana. While we are actively working on our personal trust... I'm try...
Hey Oh friends! Investor here looking to dip my toe into private lending to another investor. Deal- Wholesaled property under assigned contract and buyer looking to borrow 130k at 11% for 4 months from me to finalize ...
Hello, I purchased my first property in July of 2021. I am currently house hacking, and renting our 3 bedrooms. I received all of my first time homebuyer benefits.I am now looking at my second property. I toured a pre...
Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
Getting ready to buy my first property all cash in my LLC. I have a 2, LLC's that own each other. I am just a member. I have been working with the title company who wants me to changes this to purchase the property an...
Hi everyone,
An attorney I know has approached me on starting an investment fund with him to invest in residential properties. He knows I have been rehabbing REOs, trustee sales and short sales with success and wants...
Can a homeowner who is in foreclosure legally rent out their home and keep the rent money in the state of NJ. I have a home owner who was told by an attorney that she can legally do this. Equity stripping?