So I finally formed an LLC. My plan was to quit claim 3 properties to the LLC. Those are the ones I plan to keep long term. Tenant to deposit payments to the LLC account. I will manage those properties and the LLC pay...

Hi,I'm a new member from Los Angeles.  I'm interested in buying new multifamily construction in the LA area.  In the past few years, I've focused on new condos in the Downtown area, but looking to branch out.  I know ...

Hi AllI'm looking for clarity on the tax implications for a seller when owner financing. The seller I am dealing with only has one reservation on carrying a note and that is the tax implication. The details are as fol...

Hello. I have been trying to get into the real estate market since last June. At the time I was not too knowledgeable on the whole real estate market, real estate strategies or real estate funding that is out there so...

I'm a retired orthodontist. A year after retiring I obtained my real estate license to practice in Pennsylvania. I did this for four years and then retired from that profession. I have now been retired from my first p...

Ok note fans- here is one for you that I am curious to hear the response as I have received conflicting information from two MLO’s who many of us know and/or use:Converting a CFD originated pre-Dodd Frank to a traditi...

Hi all we are close to closing for our first investment property in New Mexico which happens to be an 8 plex. I have a separate business account set up for receiving rents and deposits. This account would also be wher...

Have a single family home rented out to sect 8 tenant. Recently Housing Authority conducted an inspection and found mold growth in bathroom ceiling and grout in wall tiles. They have informed me that ceiling will need...

Hello everyone , I am seeking advice on a current situation I am facing . I do not have a RE license in California but I would like to represent my client as a buyers agent . Is this possible ? A listing agent for a p...

Seller looking to cancel a contract Hi All I entered a contract to sell a house in New Jersey there is a tenant with first right of refusal and we are waiting for his response to buy or waive his right, I got cold fee...