Andrea Johnson
Purchased a Home from a Family Member-Advice Needed
Need advice: In 2012, my mom no longer wanted her house that she bought 30 years ago. She took out a second mortgage and has been making the bare minimum payment, therefore, taking her a very long time pay it off. She...
Mark Daniel
Help! 2nd mortgage Yellofin judgment 15 yrs later
Hi, I just had 16,981 pulled from my bank account this weekend the bank told ne it was a judgment against me. I haven't been served, didn't go to court, didn't even know what this was because it was a foreclosed prope...
Mark Beekman
Need advice on closing delays for Auction.com property
I won a SFH auction on Auction.com on 9/27. Offer was accepted by the bank, purchase agreement was signed by both parties, earnest money was paid, etc, etc.The closing was originally scheduled for 10/27, but they had ...
Danielle Witte
STR Compliance Companies Popping Up
Yesterday I received my first email from Host Compliance about paying Transient Taxes for one of my rental properties. A quick trip to their website explained how they've built a business around helping counties with ...
Brandon Turner
New House Purchase Checklist... (Help! What are we missing?)
Hey folks - I'm working on creating some checklists for my business (I'm reading The Checklist Manifesto right now.) I'm planning on releasing these, for free, on BiggerPockets when they are finished. Today I'm workin...
Avery Goodman
LLC as Rental Property Owner AND Manager
Hey all, currently own four Florida rental properties (one triplex and three SFHs). I created a sole-member LLC to own and manage the triplex, and then created a second LLC to own two of the SFHs. The last SFH deed ...
Martin Nowak
Placing a home into an existing LLC
I need some advice. I have an attorney who will charge $1,500 to place a new rental property into an LLC. The LLC exists already. Thoughts?
Jung Won Kim
MultiFamily Property Taxes
Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?
I'm asking this because hypothetically, if the previous owner purch...
Rich Sutherland
Creating an LLC for each rental
Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...
Cameron Johnson
Anybody know how to wholesale REOs
does anyone in Georgia know how to wholesale REOs property with a landTrust. I really need help understanding this process. If you are in Georgia and can help me I really would appreciate it.