I have a house that needs to be remodeled. one of the contractors said that since i would be hiring him and his crew, i'd be acting like the general contractor and need to pay for his workers comp.
i know not...
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
Hello, I recently rehabbed a house to sell and is now pending. When we listed the house, we put in the remarks that the house was sold AS IS. Inspections went fine, and we are about 1 week away from closing, but my ...
I have a tenant that gave me their 30 day notice yesterday, which was cause for some serious celebration. Almost every interaction I've had with them over the last two and a half years ended with them threatening to s...
Hey all I'm an investor in the Cleveland area and just wanted to warn you all about a fraudster named Jeff Swiecicki. A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 o...
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Has anyone here ever sued a bank for incompetence? A local bank here epically messed up a deal for me but I was able to salvage it (had to come up with an extra $10-15k in a day) and still closed, but their negligenc...
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...