Pedro Morais
Distributions from one LLC to another
Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
Brooke T.
Formula to guesstimate the delinquent mortgage balance?
Hello All!I'm looking at purchasing a property subject to an existing Deed of Trust.(I'm bidding on the second position) The owner passed away in early 2019. There was a Notice of Sale on that DOT posted in February 2...
Jonathan Bombaci
Answer to - Should I Buy in Personal name or LLC?
I get this question pretty regularly from clients so I figured I'd document my answer here to refer back to. Full disclosure, I am not an Attorney or CPA so I recommend you consult with yours however this is what I ca...
Jeremy Hawkinson
What is our responsibility on OPM?
Just curious what’s y’all’s thoughts are on Other Peoples’ Money in a deal you put together. Quarantine time has given me more so much time to catch up on projects at home and business which means time catching up on...
Account Closed
Land Trust/ Partnership LLC/ Real Estate Attorney
Me and my father now own 5 residential rental properties in CA and looking to protect ourselves from future potential problems. We are looking for full assets protection on our properties to protect from predato...
Dana G
LLC?
Hi All,
Is it better to start an LLC to begin investing or can one simply get business cards and go from there?
Keri Eason
Bird Dogs, Referral Fees After Closing, & Legality???
I recently posted the question below on the nwreii yahoogroup and as expected I have received some very differing opinions.
I was hoping you could shed some light on this issue...
I have heard that in some states r...
Jennifer Breaux
Lease renewal with changes
My first property lease ends Dec 31 and will change to a month to month lease. I am increasing rent and changing lease terms. I recently went in the home for some repairs to find lots of damage and filthy living condi...
James Galla
Rehab Costs and Tenant Turnover
I saw some numbers that I was not quite thrilled about, and I was wondering if anyone here would be willing to share what kind of numbers they are looking at in terms of rehab costs.1. What was the purchase price? 2. ...
Pari Thiagasundaram
Anyone bought notes from Scott Carson before
Anyone bought NPN from Scott Carson ? He said his notes are for season investors and his mastermind group only at this time. Costs about $8997 to get into it.Any thoughts on this ?