Brandon Beller
CRE Ownership Drawbacks
Hello all,
I am thinking of starting to invest in commercial real estate. That being said, what is the biggest drawbacks/challenges that CRE owners have to face?
Thanks,
Nick
Zach Westerfield
Legal/Tax structure for rental income paying medical bills
My grandmother is aging and currently in an assisted living facility. In order to cover the cost of her care, my mother has rented out my grandmother’s home. I am trying to help her put the home in the correct entity ...
Jason Schmidt
What does "Other peoples money" really mean?
I am starting to wonder about this - if I were to pick up a $125k piece of property, say, this month, is there anyway to go $0 out of pocket? Or is there always going to be something that costs me? Such as $5k for i...
Michael Woodward
Will buying in a company name trigger anti-flipping problems?
I'm exploring my options to reduce my tax burden and my CPA is recommending that I create an S-Corp to maximize the tax benefits. That sounds good to me but I'm concerned that when I'm buying properties I might run i...
Zachary Taylor
Borrower has passed away
Here is the scoop:
BPO is $35KThe borrower has passed away and a relative is now living in the house. No payments have been made on the note since March 2016. City and County back-taxes amount to $1,110 and propert...
Miriam Gaddis
Countrywide Horror Story
In 1998 I purchesed a VA Foreclosure as an investment, and was collecting rent from it. The VA sold the loan to Season's Mortgage, then Season's sold it to Countrywide Home Loans. I had a fixed 30 year loan for $708 a...
Tommy Dee
Use Holding Company LLC To Apply For Mortgages
Getting started in real estate investing. Trying to figure out how to structure what I'm hoping to build.I've owned a decently successful online retail business for 10 years. I understand, and have read more about t...
Garrett M.
Asset Protection tip with questions!! Pennsylvania
I need to learn more about asset protection in regards to real estate in PA. I have a small portfolio of single family rentals and I'm moving toward an asset protection plan. I am also in the process of doing estate ...
Account Closed
$1,300 PROPERTY TAX + $6,000 in 'SUPPLEMENTAL' TAX (LA County)
wondering why the 'supplemental' tax is so many times greater than the 'property' tax itself =[(shouldnt it be the other way around?)
Blake Carlile
Promissory Note - Signatures / Enforceability Question
Hello! I'm a private lender and recently received a signed promissory note from the borrower that looks well and good (based my research of all things that should be in a note), but it doesn't have a signature line f...