My mother has a revokable living trust that holds most of her real estate property for the benefit of her 3 children after her death. (Under 3 million in value) There is one property that she was going to leave just ...
A family member loaned me money to make a property purchase at trustee sale. Their loan amount was roughly 30% of the purchase price of the property. We have a promissory note for the loan amount and I am paying them ...
I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...
It seems that the BP community really supports use of property management services. We (a couple) have a very small portfolio and are owner occupants in one of our buildings. We question why some people with small l...
Hello everyone. I want to get started in real estate investing and trying to narrow down my options for the best way to get money. I am looking into finding a partner and forming a partnership with him/her. Ideally th...
Should I use a real estate attorney to help with my private money deal? I don’t have a clue how the contract should be written etc. Thanks!
I am sole member of LLC how do I leave this to my children? I have an operating agreement but does not mention what happens if a meme we dies. Do I add them on the operating agreement as members and pass it to them t...
For the first time in my life I have decided to do a lease option. I am the seller, and I am using a Realtor who has found me a suitable tenant-buyer. All parties have agreed upon an option deposit of $3,000. T...
I know this was asked before but all the threads are very old (years old) and things change (read many posts that say the level of service changed for both companies over the past 2 years).So for the people that want ...