Michael W.
Building your portfolio as Business
My wife & I are going to build our portfolio together. I would like to buy and hold and have rental properties. Start with single family, than multi followed by apartments over time. I would like this to become a ...
Raj G.
Need help with below clause in private lending agreement in NJ.
What are pros and cons of below clause in private lending agreement from Lender's point of view.I never saw such clause before. Thanks10 new Development LLC, A new jersey limited liability company.
This certifies tha...
Christian Hunter
Is wholesaling illegal without being a broker or owning title?
Hi, ive been wanting to start out in the REI game through wholesaling properties, but have come across some information on BP that it is illegal unless your a licensed broker or have a mass amount of knowledge and ski...
Jeff Johnson
LLC in Maryland and want to buy in Virginia
I have a LLC that I've created in Maryland (i live in MD) and I see a property that I'd like to put a offer for in Virginia to rehab. If anything, what would I need to do on my part to be compliant?
Toni Annis
Financing LLC owned properties
New to investing and have a question on financing LLC owned properties. My husband and I bought our first property in May. Our plan was to rent it but now it looks like we will be selling it due to an offer we just ca...
Joshua Easters
Advice on property sale
Hi Everyone!A few years ago, I purchased 2 vacant lots outright for a total of $24,000. I am now selling them and set to close this week at a sale price of $50,000. I would like to reinvest that money into a rental th...
Rene Franco Godina
LLC explain please
Can someone once explain (on simple terms) what an Limited Liability Company really is please...
Isaiah Williams
Is paying a consultant with no license commission even legal?
OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...
Delin W.
Owner as Property Manager... LLC for negligence liability?
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
Robert Blake
Preferred Returns calculations?
I know this would be a legal issue, check with your lawyer and all that, but I've got a couple of documents I want to make sure I understand, because someone I know is giving me a different read of what I think is rea...