Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Josh Calcanis
Due on Sale Clause... Ways to transfer to trust or LLC?
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...
Alan Asriants
Is this an end to Wholesaling?
Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.
Here is the link for reference:
https://www.biggerpockets.com/blog/new-sou...
Greg Scott
Biden Eviction Moratorium
Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
Joshua Dorkin
Stop Paying the Mortgage and Get Bailed Out Too!
Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
Russell Ponce
Can Wholesaling be Illegal?
I just got a pretty severe lecture from a house buyer. Trying to figure out this game and making your way as a wholesaler title companies etc are going to look at you like you've got two heads from time to time. "Peop...
Kathryn Dunnivant
Opportunity Zone Fund
Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...
Anthony Porembski
Best methods to pay contractors??
I’ve heard most investors say they wouldn’t pay any money upfront but then most contractors I’ve heard say they wouldn’t start work without a deposit. How do you come to an agreement where both sides feel comfortable...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...
Marc Allen
Illinois Property Taxes
Hi All,I'm curious how people are continuing to justify buy-and-hold investments in Illinois suburbs with the current state of property taxes. I've got my eye one pretty inexpensive property which is listed at $80K, w...