Bill Gulley
LLC Minutes & Maintenance Issues
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
Kellyn Cameron
weird to approach an investor about being their private lender?
Hey everyone,I was just curious if it would be weird for me to approach an investor that I know about being a potential private money lender for their flipping business. I went to high school with him and just recentl...
Eddie L.
Please Help Urgent!
i am buying a house in PA. The agent told me i don't need any attorney to buy a house in PA but i want to get an attorney anyway just to be safe instead of headache later.The closing date will be in two weeks. i need ...
Larry Lee
Would me doing this be legal? advice needed
My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Buddy Holmes
Anyone with experience with Mint or Personal Capital
Just finished the great book,"Set for Life". These two free online programs were mentioned as good for tracking your financial life. I was wondering if anyone has had experience with one or the other?
Elliot Tan
Rules for receiving funds for private money loans
Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
Mark C
10-15+% levered returns possible? With 1-1.5M cash
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
Alex Sinunu
Starting out private lending in CA
I want to start doing private lending with my own money. The goal is to lend relatively close to my home in Los Angeles. Finally, don't want to put all my (lending) eggs in one basket. Are there opportunities to lend ...
NA N.
Provider "forgot" to charge her for 4 yrs. Can she be sent to collection?
Hi guys,
This is an unusual situation. My partner built a website in 2009 and paid for a plugin that displays homes for sale in maps etc.. you know the typical exchange service that pulls homes from the MLS.
...