John Draper
Starting a LLC with Siblings
Hi everyone!My siblings and I have recently decided to join forces and invest together. We are considering forming a LLC to hold and purchase investments. We all live in different cities but travel to our home state ...
Justin Owens
Forming an Arizona LLC
Does paying an attorney to form an Arizona LLC actually provide more protection than just filing the paperwork yourself? I don't have anything crazy going on just a couple units growing slowly over time.
Tyra General
What would you do?...Grandparent's House
Hi All,
My grandparents are both retired and owe about $36,063 on their current house. As you might imagine their monthly note is only about $600. It will sell for no less than about $200k. I am looking for advice o...
Rory C.
New Member Status Update - Contract Question
Hello everyone!
So far things are going as planned. However, we seem to be running into some issues with out purchase contract. Here is the situation...
We found a basic purchase contract online, add...
Michael Paling
My Responsibility as landlord?
My tenant just out of the blue asks “are you free today to install my new kitchen faucet and shower head?” No prior notice about any issues with either item. Forget about them wanting it done “today” for the moment, b...
Anthony Shaw
Guide to selling vacant land in Michigan
Hello,
I am looking for someone to provide a complete step by step guide to selling a vacant lot in Michigan. I own several small vacant lots and I want to sell them by myself to avoid unnecessary fees. What I'm look...
Bradley Termeer
My First Deal! The 10 Year Fix and Flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $30,000
Sale price: $589,000
This was my first deal! It was supposed to be a short term...
Tyrone Jackson
Cost to Retain Real Estate Attorney
I am a new investor in Chicagoland and I need an attorney on my team. Can someone give me an idea of how much I should be prepared to pay hourly and what sort of terms or commitments would be in a retainer contract or...
Brandon Hartman
Calling all 1031 Exchange experts - Off standard question
As part of my partner and I's year two growth strategy, we will each be purchasing a duplex with an FHA loan that we plan to separately house hack for two years (me with my girlfriend, he with his current roommate). ...
Jona Leu
Debating to Create LLC or Rent Out the Property First
Hello BP,I am new to the real estate investing and would like to create some fortune by rental out my property as side income. Currently I am living in a condo which I've already paid mortgage for around 1 ½ year. I a...