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I am new to Commercial investing, but I had an idea recently to turn an older movie theater that had gone out of business into a rock climbing gym. I have approached the owner of the building and she would be interest...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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Hi everyone! I am currently forming a NM LLC, but live in NY. Let's say I purchase (performing or non performing) bank notes from a lender in Illinois. Do I then register my LLC in Illinois? I've looked for this i...
My father is looking to retire and wants me to take over his rental properties. I have been doing research on taking over the properties and I've found out a couple of things, but I still need help on some things. I...
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Newly started LLC for investing in rental properties. What can I expect to write off at the end of the year? Any guidance on what mistakes were made by any of you early on? Should I hold off on buying equipment suck a...
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It seems the longer we live the more regulation we see. It's true in everything and real estate is no exception; Dodd-Frank, S.A.F.E. Act, Finance Reform Act, Your State's Property Code, Truth In Lending, R.E.S.P.A...
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Waiting to hear back from the state (CA) to take my exam. Although residential seems to be the direction most people take, I am intrigued by commercial and wonder if I’d like that area of real estate better. Any input...
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I have a chance to purchase a 12 unit apartment building in another state. It would be my first investment in real estate outside of a residence and I do not have an LLC set up.Should I set up an LLC or would a sole p...
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My question is what is the proper way to screen/credit check a business who will be paying for a residential lease? I have a potential renter for a single family property where the company they work for will be payin...
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Hello!I am a student of Architecture currently going into my final year of undergrad at Kent State University. A couple of college friends and I wanted to startup a business by doing small jobs together on the side wh...