Roland Stone
Anderson Business Advisors
Anyone on here get on board with Anderson Business Advisors? For llc, land trusts, or living trusts? What are your thoughts?
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
I recently acquired a property with an existing tenant who has been living there for about four years. The tenant was paying rent to the previous owner but hasn't been paying rent for a while since the property was fo...
Gian Piero Bandieramonte
General Parnership and Inheritance Taxes
Hi,As I understand, the inheritance tax that a foreigner has to pay to inherit a property from another foreigner is 40% from the excess in the market value of $60k of the inherited rental property located in the US.To...
Kristy McCoy
Landlord needs to break the lease before the tenants move in.
I found a new tenant for my property . Upon signing the lease she provided me with a security deposit . She did not have the security deposit so she had to get a check from her mom . One week later it's almost time ...
Boris Shakhmurov
Foreclosure Prep - Help Needed with Liens Due Diligence Review
Good Morning all,I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members. I was able to find information online for the following:1. Licen...
Greg W.
Building and balloon payment due
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
David Flores
Starting a Conversation with a Homeowner
Hello BP!So I’m getting pre foreclosure leads through property radar. I’m going out door knocking to talk to homeowners. My question is, how do I approach homeowners that don’t know me and how do I start that conversa...
Kiley N.
BP Lenders: Add myself as co-borrower with my LLC?
Two questions:Assuming my credit qualifies and the SFR property cash flows at an acceptable level:1. Would it be advantageous for loan qualification purposes to become a co-borrower on a mortgage with my LLC (as oppo...
Irv Rollman
How to Buy and Own a Property
So, what’s the best way to own a property as an investor/ landlord? I’m assuming some sort of LLC or similar.
Is LLC the proper vehicle?
Do I buy and quit claim to the LLC, or does the LLC need to buy it?
Any othe...
N/A N/A
New Member (501 C3 and LLC incorporation)
I found your club through myspace.com. I spent the better part of the day reading through threads and posts of which I found very informative. However, I did not find anything about starting a leasing company or creat...