Okay, I purchased a property under a land trust (new to me) and filled out the Land Trust agreement (stuck this in a file cabinet). Now it's ready to rent. Do you sign leases - ABC Land Trust, John Doe trustee or do y...
Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
For the Short Sale Double Closing
A to B; B to C
Pros:
If you choose the Land Trust, you will have the added advantage of seasoning to allow the end buyer to possibly qualify for FHA financing (The New Sub-Prime).
I...
This sounds like an interesting strategy and I want to learn more about it. Can anyone recommend a good book or other resource that dives into using a self directed IRA to buy & hold Real Estate?
Hi everyone. My wife and brother-in-law inherited their mother's house via a land trust and it was great in that it avoided probate. However, we are now looking into renting the property (single family home). My broth...
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
I'd love to hear what y'all named your LLCs. I was thinking something easy.....Stinebaugh Something LLC. I have to think of something for the Something
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
Hi everyone,With my first out of state buy and hold rental property under my belt as of a few weeks ago, I'm planning a BRRRR for my next investment in mid/late 2019 and and am curious to hear BP's feedback on a few h...
Hello all,I am purchasing a single family home with a mortgage from a large bank. I do have an LLC, but the bank doesn't want to allow me to title it in the LLC. I've talked to some people from various aspects of real...