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I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
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Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
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This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
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I'm extremely torn on which general contractor to use and would appreciate any experienced investor's feedback on my situation!Situation = converting a SFH into an up/down duplex. The basement needs a full renovation ...
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I own properties in and around the midlands of SC. I have a Property Management Company in place; however we only manage what we own. I have a full time property manager/office location and I am in and out of the...
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Hello, all,I had an initial consultation with a real estate attorney in North Carolina about wholesaling, and he gave me a 99% on issues discussed, but was going to do some research to get back to me if he thought it ...
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Hello BP!I have a question here regarding wither or not I should open LLCs and or a holding company for my upcoming scaling of my rental property portfolio. I have done my reading on Out of State Investing and Section...
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Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
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Hello,I work at a small private equity firm in Boston formed in 2021. We have 7 buildings in Boston with 201 doors. I helped with the acquisition of all of these buildings. We previously outsourced all of our property...
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Hello guys, I am in the process of getting my real estate license. I am a felon and have spoken with a person from the licensing board in my state (va) and was told that while she could give me no guarantees, she has ...