Hi, Is it best to form an LLC if I have 8 rental units? I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?What are the pros and cons if any?
Hi everyone,I'm interested in learning about real estate investing. My assets are primarily our mortgaged home (55% of value mortgaged) and a growing equity portfolio. I think we're going to stay mostly in equities in...
I got a new MLS listing passed on to me by my agent. There's some things I recognize and some things I don't. I thought it might be informative to parse out some listing information. I'd imagine some people might have...
Hello investors, I have a question about how to help my son purchase his first property. He is very ambitious and has watched how real estate investing has allowed me to become financially independent. He's hooked and...
Is there a difference between hard money lending and investment financing? What are the advantages and disadvantages of the two?
Can I do a partial 1031 exchange?For example, I had $300K from the proceeds of the sale, and I want to reinvest only $200K in a new property. Does it mean I can still transfer $200K to the new property and be taxes on...
OK, so I recently sold a local rental property and just went into escrow to buy a replacement. My friend convinced me to use him as a QI as he's done it before over the years and it would save me money. I'm second gue...
Hello,My tenant is upset because I am charging him a late fee because his check had an error on it and the bank would not cash it with that error. He says he should not be assessed a late fee because he sent me the ch...
I have being going back and forth with this property owner for 2 weeks now he is looking to sale for 250,000 which is occupied by a tenant. The amount that he wants to sale for is not realistic his tenant is paying 13...
After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...