I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...
My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...
Hi! I’m new to this page and to real estate investing. I’m hoping to educate myself as much as possible before I make my first purchase. I have a down payment suitable for an FHA loan, my goal is to get into buy and h...
Like everyone here, in the past couple years I was anxious about my insurance coverage. I studied a few policies very recently and changed my provider. This post is to share my findings, and may help you in your asses...
I am in my early 50's and considering the possibility of buying a small residence for retirement purposes probably somewhere in the southeast. What type of housing to buy is somewhat up in the air--the idea of a cond...
First, I am blown away by this community. I have made a few posts in the past and to this day, will randomly receive calls from people on this board to chat. Really can't beat that! I have started a property managemen...
What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
I recently finished reading “How to Win Friends & Influence People” by Dale Carnegie; clearly it is talked about in business circles often for a reason. The book is laid out in four parts with each one containing ...
I was looking at the hospitality indistry today. A holiday inn express in a good vacation area makes about a $1,000,000 after debt service. Any you can get the place for $10-12 million. Is anyone involved in the hospi...
Hey,
Is anyone out there still investing in commercial real estate? I keep hearing that it's not the best investment right now because of the downturn after COVID. I am a self-entrepreneur and know the importance o...