Dylan Johnson
IRS Lien three owners back- How to proceed?
I purchased my first flip property in Columbia SC that was sold by Richland county for back taxes owed. The county advertised it in the local paper(the paper also posted to their website) in Nov 2012 and sold it to a ...
N/A N/A
Question about earnest money
Hello everyone, i was just wondering if anyone has come up with any creative ways of either delaying or not putting down an earnest money deposit when putting a huge commercial property under contract.
the reason for...
Leighann Davis
Why do experienced investors JV on notes?
Hi all - I see forum posts referencing JVs frequently as a good place to start for new note investors. My question is this - At what point is it "worth it" for veteran note investors to JV with a newbie? How much of t...
Helen Lee
How to decline a prospective tenant based on credit or income
When renting my properties, I have prospective tenants claiming their felt being discriminated aagainst because they were declined due to their credit score or income. Though I am free from such complaints since it's ...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Alan Firth
$350k/year in passive income- what does your portfolio look like?
As a goal setting exercise and to be sure I'm focusing my education in the right areas I'd love your input on the following:I'm seeking 350k+/year in net passive income. How would you design the portfolio? What exact...
Kerry Mertz
LLC, revocable trust, holding company...What do I really need???
I spoke to an asset protection planner (part of an asset protection company that has attorney's and CPA's) and I got completely confused about how to set up a business entity for asset protection. So I'm wondering wha...
Stephen Chittenden
Our First Deal
My wife and I have two rental properties that we've converted from our personal use. One is our old townhome that we used to live in and the other is a single-family home that we bought for my parents to live in. Th...
Diane Stinebaugh
Umbrella Liability instead of LLC?
I'm having trouble following all the rules of the game. I want to buy a rental house with a convention 30 yr fixed...but secondary markets don't want to lend to an LLC? but if I want to have the rent house in my nam...
Sean Peters
Tenant Ignoring Late Fee Notices & Refusing to Pay
Hello all,I am currently in a situation where one of our retail property tenants is refusing to acknowledge and pay late fees as stated in the lease. This property is a family property and until recently it was manage...