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A friend of mine has a tough situation they are facing. Two elderly relatives (a couple) are having serious health issues. They have effectively no assets except for a paid off house (worth around $300K in Illinois). ...
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I purchased a property cash and was going to a cash out refi and a friend offered to act as a private lender. Currently the property is in my name and I was going to deed it over to an LLC.
Are there any issues if...
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I am hearing that it is a good idea to setup an LLC for Real Estate Investing. Does BP has tools for creating or should one go to an attorney and/or CPA to create?
All opinions and/or comments are welcomed.
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I am in Northern Indiana, and have called numerous real estate lawyers. I want to know the laws here in Indiana before I start doing wholesale deals. Many lawyers have laughed, have no idea what I'm talking about, a...
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First my apologies, I was unsure which forum. Short version: Owner of property died 4 years, 11 months ago. Property sold at Sherrif auction in October with final hearing for release of funds on 12/11. Direct heir...
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Hello BP,
I recently purchased a duplex in Pennsylvania and am planning to put it under an LLC. (I am aware I should have set up the LLC before hand) I have received a lot of conflicting feed back from the research I...
HeyI am new to wholesaling. I was wondering if anyone has tips on creating a wholesale agreement and assignment? Also if you have any tips on just wholesaling in general; I would appreciate it. I'm also in the Pennsyl...
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Hello, my name is Anh from Chicago, IL.This is my first post on Bigger Pockets and I'm seeking advice from the BP investor community.A bit about my situation, I currently in the process of purchasing my first rental p...
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After our first flip (in Central Illinois), the contractor submitted an exorbitant bill and then a Mechanics Lien. I went the legal route and hired an Attorney. Now on Aug 1st my attorney submitted a Motion to Dismi...
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Does anybody have a recommendation for tenant/landlord attorney in the North Georgia area. We are looking to own rentals in Walker County, Georiga and would like to meet with somebody to better understand our rights a...