Rich Sutherland
Creating an LLC for each rental
Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...
Bryan R.
Short Sale clause: No LLC's allowed
Ran across an interesting short sale today. Listing agent had uploaded some relatively strict offer instructions and among those was
1. No LLC's or Assigns
I hadn't seen that before, so I call up the listing agent. ...
Alan Knight
Single member LLC working with outside investor on per deal bassis
I have co-worker that wants to go in with me on a few small rehab projects and wants to split the profits. He does not want to be a "business partner" he just wants to split profits 50/50 and I 1099 him at the end ...
Rick Shipp
Is it a good idea to seek out a local mentor?
Hello everyone...is it beneficial to seek out a mentor in my local market (Raleigh, NC)? I've read a great deal of material, done a ton of research, but I'm a hands on kinda guy...so for me I think its the next log...
Brandon Wallace
What is the smarter move?
I have my first rental and plan on buying more throughout the years. What is the smarter move when it comes to spending your rental income? Use it to pay off the houses quicker so I can have even more rental income in...
Rob Cucugliello
Financial Organization - LLC or not?
Hi all!Hoping for a little guidance here. I am small time but growing. I currently own 2 SFH rentals but will soon have 5 rental units within 4 properties, plus a 5th property that I'll be flipping (to build additiona...
Jeff L.
Need Funding and Advice Please
Would appreciate any advice on my funding needs situation- I have locked up a NOO vacant SFR for a purchase price of $56k-the owner owes $56k. We have agreed to a "Subject To" purchase whereby I assume the payments wh...
Vernon Trice III
Should I form an LLC Yet?
I am about to have one SFR should I get an LLC or wait to have more?
Rick Novotny
How do I drive growth?
I am 30 years old and doing decently well. I have a W2 income of about $140,000 and own 11 rental units as a side gig with a business partner. We own a single family, three duplexes, and a 4-plex. My partner makes rou...
Oscar Macal
How to approach Sellers for Sandwich Lease Option?
Hi guys,
I'm new to the Sandwich Lease Option investing, but have done a lot of research, training and am now ready to get out there and do my first deal... I have Option Agrrement contracts, lease contracts, and buy...