Lexie Greenheck
Structuring LLC and Holding LLC
Hi all,
I'm in the process of structuring my LLC's. I have one LLC that is intended to be my "holding LLC" and two other LLC's that will each hold one property and will fall under the holding LLC. My question is arou...
Brie Schmidt
Tax Questions about Flipping
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...
Nicolas Gaspari
Bought As Primary Res - When Can I Rent it??
Hi all, I purchased this condo as my new primary residence with the intent of living there. I got a good deal on it. But I have a friend who REALLY needs a place to rent with his girlfriend. They have good credit and ...
Yocheved Beer
landlord insurance policy
Hi all,I have two properties that I am buying and I need home insurance, specicifally a landlords policy.Which company is the best? I have one in NJ and one in PA
Account Closed
Title company not wanting in insure sherrif's deed
I bought a property in a tax sale in Montgomery County, TX. It is not Homesteaded or Agriculture, and 6 months have elapsed since recording of the sherrif's deed. I have a buyer interested, but their title company...
Adrian Williams
Property Management Help!!!!
My broker just called me and said that she wants to start a property management company and wants me to manage the day to day operations of that part of the company, I have never managed a large amount of houses so I ...
Trayon Simms
Double close when using Banks title company.
Hello,I have a buyer lined up for bank owned properties. I am concerned about using banks title company. Using their title will save on closing cost, guaranteed clear title etc. Im trying to figure out whats the best ...
John Johnson
Income Verification Question - Tricky Situation - 2 Separate Payc
I am concerned as to whether I will qualify based on my DTI when it comes to Income Verification because of the situation in which I get paid. For the last 18 months, my salary has been just over 60K per year w/ my cu...
Kendra J.
Starting Out With Incorporation And Business Plan
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it ...
Ronnie Neal
wholesailing
I was told to contact a title company to get a purchase agreement. I live in SOUTHFIELD MI. When I called I was told that most title companies won't touch wholesale deals and that the seller could come back and sue fo...