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Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...
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Hello all,
As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed account...
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It's best not to have an LLC than to have one that is put together or run poorly.
I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I ...
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I am writing to request expertise regarding an irregular real estate transaction (pre foreclosure).
The property I am following and would be interested in purchasing, is not listed for sale and the owner has yet to...
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Would it be much of a risk to rent on a month to month to an individual who filed chapter 7 Bankruptcy back in 2012 and is forceclosing on his home this year? I have only had 2 applications turned into me, in a 2 mo...
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Does anyone know the legal implications of buying a house from an owner who has filed Chapter 13 bankruptcy and the bankruptcy is still active?Would the seller be able to transfer title to the subject to buyer?What ha...
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So I bought my first flip in March and contractor was a nightmare. Got it all finished under budget after 4 months and got a buyer but the buyer is using an FHA loan. So, they required that I fix a few things then the...
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Hi All,I am trying to improve my credit score as quick as possible I currently have a credit card which has a max of $1000 and I currently owe $900 on it so my utilization is very high. I currently also hold a car loa...
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OK here is the situation a CA property has 3 liens the first 2 being private lenders and the third is a judgement lien. The property has very little equity if the the judgement is paid in full (along with the...
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Hi Fellow investors, I have been using BP to gain insights in real estate investing and have been applying them in my townhome rental units. This time i want to enter into multi-family investing and looking for some t...