Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Brett Barry
Inherited tenant refuses to leave
Hi, I'm a first time home owner who recently purchased a two family home in Northampton, Massachusetts. I knowingly inherited 1 tenant who's lease was due to end August, 31, 2017. My closing attorney notified me that ...
Patrick D.
Development Capital Raise
I am working with a real estate developer who is looking to raise capital on 21 x 2 family house purchase, gut/rehab and flip. I am in the process of raising funds for him, basically $260k money raise per property. Th...
Mehdi Jouhri
Do you recommend Series LLC
Hi,I'm new to real estate and i would like to start on the right foot. So i was wondering if setting up a series LLC is recommended. I live in Ohio and i'm planing to invest in Ohio and out of state. What's your sugg...
Joseph M.
State vs Federal Drug Laws
Coming from NJ to Colorado and now owning some property in Colorado, I am wondering what the responsibility is for landlords especially around marijuana smoking and growing. I know here in Colorado it is legal to smok...
Ryan V.
FSBO deal without using realtors
So I came across a potential deal for a 2/2 condo that is for sale by owner. The numbers seem to work and I'm trying to look at it early next week before the holiday.My question is if it's FSBO, does that mean I can't...
Steve` P.
Enforcing Lease Assignment Agreement
Just purchased a property that came with Tenants( I know bad idea from what I'm reading) at the end of Aug 2014Before Purchasing I had the seller's closing attorney draw up formal lease assignments, send over copies o...
Caroline S.
Can I get out of a new build purchase agreement?
Hi Everyone,
about a month ago, i signed a purchase agreement with a builder for a house to be built and completed by Feb/March 2018. The house will be located in Fredericksburg VA.
I put down $3000 when I signed. $3...
Chris Kittle
Wyoming LLC Set-Up and Recommendations
Good morning!
I have found my first multi-unit property that I am going to make an offer on. Based on my reading and understanding I'd like to form my LLC in Wyoming. I currently live in Michigan. Who out there ha...
Jay Lozano
Is it legal?
Is it legal to offer a attorney a percentage of what i will make off of referrals he/she sends me? How does all that work?