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Hey guys and gals, I have my next short term rental property under contract. It is an up/down duplex, where we will be renting out the top and bottom unit through Airbnb/VRBO. My question is, does anyone have good inf...
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Hey BP Fam! What skill or piece of knowledge has been the most useful to you as you transitioned out of SFHs (flipping, house hacking, wholesaling, etc.) into apartment investing or large multifamily, i.e., greater th...
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We (spouse and self) are in the process of transferring the duplex into an LLC (we are members) with a quit claim deal. The only benefit AFAIK is that the LLC protects us from liability. There is no other benefit with...
Hello BP community. I have a friend who is considering selling his duplex. He put 3.5% down on the property using an FHA loan and I am trying to determine what it would take for me to assume his loan. A few questio...
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I currently own rental properties through a Chapter S corp. To add a layer of liability protection, I'd like to transfer or deed my rental properties to separate LLC's and make my Chapter S a management company (for ...
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My Grandfather passed and left property to his 5 children, my uncles and aunt. Two of the properties have been abandoned for years. One of these properties I decided to fix up so that I can acquire ownership for my ef...
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Hey guys, we are purchasing a property in a land trust and then reselling it immediately to the end buyer. What documents are needed to transfer ownership of a land trust? I believe we need to do an assignment of th...
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I currently have a home listed for sell. The current agent has been less then stellar. My wife is sitting for her real estate license next week. If I transfer the property to an LLC would it void the current broker...
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Do I need an attorney to transfer a property to LLC? or is this something I can do myself?Thanks in advance
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I just transfer a property from my name to single member LLC. Since this is a single member LLC, can I do a 1031 exchange before 1 year.