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Hi all! I am new to this forum and I am a new landlord. I am a college student in California. My aunt bought a condo in CA. She said I could live there for free, and asks me to rent out one room. So I posted my ad on ...
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My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
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Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
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A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
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Hello BP,
I would like to finance a BRRR project with HML. Will I be able to put the property into an LLC, when I refinance? Exactly, how can I put the property into an LLC. Many thanks.
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I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...
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Happy Monday BP, I have a good tenant who has moved in her boyfriend. I was notified after the fact. They have been a good tenant for ~8 months into a 12 mo lease and have discussed renewing the lease in other conver...
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Hello my name is Mike and I am an international financier. I work with a company who currently offers financing for Real-Estate in Mexico.
I am happy to answer any questions you have about purchasing property or obta...
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Kind of a cautionary tale...
A good friend of mine asked me to look into property that his Grandfather owned, his Grandfather (G/F) just passed. His Grandmother passed less than a year ago, they were married ...