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When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
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Senate Bill 801, House Bill 0796--This bill is proposing to obtain additional funds for evictions and will adversely affect owners of units in Baltimore City. This bill will cause delays in evictions and owners will ...
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we are talking to someone we know about buying his inherited property.we just did a title search, it has a lot of taxes owed. something else I didn't think about, it shares a common walkway with other houses. (in a r...
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Here's an interesting blog post by Mark Cuban about the future of higher education...
http://blogmaverick.com/
Thoughts?
What about those investors out there who own student housing?
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@Bill Gulley @Rich Weese
How many of you believe that the unemployment rate has actually fallen to 7.9%? What is the "actual" unemployment in your area?
How exciting! I guess with all those jobs created there will b...
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Just joined great site. 1st question: I have seen several references that banks are not allowed to keep investment property/buildings unless they are used in the course of their principle business. Therefore they mu...
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I am working on a deal that has a couple of issues that I'm working through and thought I'd seek the advice BP members. It's a trust sale and does not need to go through probate.Deal specifics:Property has a reverse m...
I am very new at Real Estate investing and have some questions. First off I have 7k in savings and I found an REO property listed for 70k. My question is should I save 20% for down pmnt and get a conventional mortgage...
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Hello BP Community, I am ecstatic to be part of such a community. I am currently saving money and taking steps toward making my first purchase within a year. I am looking in the Saint Paul and surrounding area to buy ...
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Hello BP family!My name is Chad Simmons and I’m in need of some help/advice..Quick background: I recently graduated from Florida Tech in December. I know live in the Orlando area and have a job in orthopedic sales. Be...