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I am looking at buying a duplex that is very large and has a finished basement in each. In each basement, there is a full bathroom and bedroom. So I was thinking, this could be a 4 plex?! The basements have separat...
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Hello guys,
I am looking at purchasing 1 of 4 quad-plexes in a small college town.
Although the target demographics are not from the college, it is in the lower-income neighborhood. I am very skeptical of purchasing ...
Hello, I wanted to get an idea of what the end-of-year taxes are like for LLCs that own properties. Specifically for this scenario...We expect to pay off my parents' home by early 2017. My plan is to establish an LLC ...
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I was talking to a turnkey company and I read in the fine prints that they do not represent buyers. I always thought of them as buyer agents in a turnkey purchase. Is this because they want to avoid legal issues? Or n...
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Hello Everyone,I have a rental property in Los Angeles County, California. I was informed yesterday Aug 28, by the next of kin that my tenant passed away August 17th. Does anyone know the legalities in the state of CA...
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Hi, I am trying to evaluate the potential tenant to agree into a lease to own contract. I am wondering if there are any legal issues with asking them for their finances pay stubs savings etc. or am I allowed to have t...
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There are a bunch of legal issues involved in any transfer of real property. I think one of the biggest misconceptions that people have relates to the process of "title search" and "when to do a title search". I alway...
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Hi all. I am thinking about buying a multi family(duplex) house possibly in Queens to rent out as an investment property. Since I am new at this I wanted to see if anyone has experience with multi family houses in N...
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Hey BP! I heard on a podcast about how ppl run there income rent through an LLC even though the property is under a personal name. So my question is can I do this? Can I have my tenants pay there rent to my LLC and th...
We acquired a note in another state and have an address for the borrower but the loan servicer has not been able to find an agent willing to go to that address with DIL paperwork. The address appears to be very rur...