Question to the folks very knowledgeable about self-directed IRAs:I recently won the bidding for a property at a courthouse foreclosure auction - my "registration" at the auction was under the normal LLC I do business...
does anyone know if lease options are legal in Forida, or if you need to have seperate lease contract and option contract?
thanks
jim
What is the best legal structure for an investment team that will be flipping a little and holding some properties to rent?
I've read about the series LLC and the importance of assigning a separate LLC to each proper...
Hi,I was approached by a realtor/broker that also buys/flips and wholesales properties and he offered me a deal where I would earn 15% return on a property he is going to rehab and flip. The terms of the agreement ar...
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...
In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...
Hi BP Family I was wondering about the costs affiliated with a LLC, and what is the best way to set one up. Meaning should I go through a lawyer, accountant etc. or would legal zoom be good enough. You see I want to ...
If you rent out an apartment to two unrelated people (roommates/friends), but they're jointly liable on the rental agreement, what happens to the security deposit if one roommates decides to move out?
I assume the r...
So I met with a handyman yesterday who wants to take my rehab on. He was recommended by my realtor who seems really knowledgeable. After going through the house and imagining the possibilities, he was interested in ev...
Hey all, I really need some advice on my first deal. I'm under contract on an 8-unit condo town-home building (all 3/2s) that would be my first deal. It's a 2007 build in the Tampa, FL area that I found off-market and...