William Howley
Having Issue getting cash out due to title in business name
Hi, in 2015 I bought a rental property for 50k cash under a business LLC name I had created. My strategy originally was going to be, purchase the property 100% equity, than get a first mortgage on that property to cas...
Kyle McGee
Hiring a bookkeeper for multiple businesses
What's up BP -I am looking to hire a bookkeeper to manage my books for my development, construction & personal rental portfolio. I am a numbers guy and have been very reluctant to delegate this out, but it is fina...
Nicholas Whiteside
Canadians! Transferring a property to an LLC?
For instance, for my first purchase, if I wanted to buy a duplex would I then, at any point, be able to transfer that duplex to an LLC if purchased with a mortgage? And how soon?If not, what would be the best way to p...
Rehaan Khan
Best way to manage an out of state rental property?
To those of you who are experienced, what’re some good ways to manage out of state rental properties & how much does it generally cost to have a good system or manager in place? Please do not comment if you’ve nev...
Deepti Mandava
Self directed IRA for RE + mortgage loans
Hi - I recently started exploring the possibility of using my consolidated retirement funds from other companies to use for RE investing and have read about self directed IRA. Anyone done this ? I am looking for a nic...
Kurt Dorsey
Can I in essence sell my self a refrigerator?
Little background, I am not to rental properties, my wife and my self just purchased our first duplex. Apparently the refrigerator is not working in one of the units and the old landlord never fixed it yet promise...
Adam Kroll
Property Managers in Buffalo, NY
OK, so I've been through 4 property managers in the last 6+ years and I cannot say one good thing about any of them (OK, my first one was a really cool guy). Property neglect, missing rent, not leasing up vacancies q...
Kevin Ely
Conflict resolution with a partner in a 50-50 split for a rehab
An investor and I want to partner up 50-50 to purchase a fix and flip. I will be on site with the GCs day to day - my investor partner will be the silent type working his day to day job unable to do any of the on-sit...
Wayne Brooks
Okay, let's do a poll about this "must own properties in an LLC" idea. Any real world examples of where it saved you, or is it more trouble than it's worth?
Many have the perception that they Must own properties in an LLC, for protection of their other personal assets, from that super duper lawsuit they're going to lose, that's for more than their insurance limits.Thought...
Vonetta Booker
Part of commission in return for help?
I'm a fairly newly-licensed RE agent & I'm almost ready to put my first rehab back on the market. This would be my first listing, so I'd like to enlist the help of a fellow, more experienced agent at my brokerage...