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So am thinking to invest in a rent generating property, My investment would be in range of 80-130K a condo or townhouse. I am investing in MD because its not too far from me and I may move there someday. I realized th...
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I am about to establish my LLC for my real estate holding company. I had a potential investor ask me if the LLC could serve as a 1031 exchange as he was about to sell a property but doesn't have another property lined...
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For a Bay Area rental with a stackable washer and dryer, should I invest in a high-quality model or opt for another one priced at $1,300? Any model ideas?The current one lasted 8 years and needs to be replaced (as per...
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I've owned a property for four years with a standard fixed-rate mortgage, and now I'm looking to convert it into a rental. My goal is to transfer both the deed and the mortgage to an LLC. My main concern is how to avo...
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We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...
My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...
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Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
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Looking for advice/opinions...
I'll ignore the details in this first post to keep this simple, but assume the situation is this:
I have a property that I can control for 9 months (the seller is willing...
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We are in the process of buying our first official real estate investment! (YAY!!) We got the inspection back today; the issues are as follows: mold beyond the surface mold we originally noticed when checking the hous...
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Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...