Hello BP colleaguesI live in Southern California and from what I hear series LLCs are not recognized by the state of CA. I’ve also read (various sources) that it’s a good idea to create a separate LLC for each investm...
Hello!My wife and I are jumping in head first into a new real estate plan and I'd love some advice on how to property structure our endeavor. We are going from a pretty normal living situation, to a MUCH more complica...
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
I know the topic of LLC or not has been discussed more times than I can count here a BP, so I hope this discussions does not become a debate of whether or not rental property should be held in an LLC. My particular qu...
I'm interested in making an investment on an apartment complex. The tax records say that it is owned under a trust. The last time it was sold was 1984 and the previous owner has no record of who he sold it to 25 yea...
My dad and his two brothers own a 2 family rental property in Rego Park Queens, (it is legally only in my uncle's name). They all now want to transfer ownership of this home to me and my cousins (there are 5 of us). ...
I'm finding a few properties in my target area that have a trust listed as the owner of record. Are these properties something I should try contacting the owner(s) about selling?
Hey everyone! I'm fresh on the scene from NY. So excited and proud to be part of this like-minded group. Can't wait to connect & learn from you guys....especially when it comes to building an elite investor pool!!...
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
I'm in the process of selecting a SD IRA Custodian, to purchase a property worth approx $150k. Anyone have a firm they like and have had good experience with? I've looked at Pensco (who appears the most expensive) ...