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...
Found a 3 BR 1BA bungalow style home in Richmond. I'm submitted my first offer today.Sq Ft = 1,018List Price = $65,000Initial Offering Price = $32,000Max Limit = $40,000ARV = $125,000Realtor Fees = $7,000Closing Cost...
First off I want to apologize to those of you reading that has seen a post talking about Umbrella v LLC. After doing some research I found out what works best for me and wanted to share in case a fellow investor is st...
Just was wondering how can I get a loan and where with nothing to back up my credit???
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...
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...
Hi everyone,We hired an accountant at the end of 2014 to do our books, business taxes, and personal taxes. Our personal taxes have been done for some time and luckily we are owed money. however our book keeping has ...
I was thinking about managing a property for a friend but was told by a realtor that I could not because I was not a licensed realtor. Then a little while later met a person who was managing properties (in the state ...
I have two condos that are currently rented and they're both in my name. I'd like to move them into LLCs, but am concerned about the due-on-sale clause. Many people I've spoken with say it's not a big deal and the ban...
Hello Everyone,I have recently started my journey into the real estate game about a month ago. This is my first post and I am needing help. I do not have a mentor or know anyone locally (I am in Cali - LA County) who ...