Ross Benedict
Do I need an LLC when starting up a small real estate business as a second source of income
hi guys, quick question for anyone that can help me out. I'm currently beginning to dabble with the idea of buying and selling vacant land. As I already work this will start as more or less a hobby as I learn the rope...
Wai Chan
RE investor has just passed the RE exam. Question about the fee
Hello, I have been a RE investor since 2014 (Own 8 SFRs in DFW and 3 triplex in San Diego) I have just passed the RE exam. and plan to use my license to do my own deal or friends. I have found a one guy brokerage who ...
Inbar S.
First time landlord!
Hello wonderful community! We would like to put our current apartment up for rent. Can anyone direct me toward any resources on how to start this process? Meaning, should I set up an LLC? What are some good sites for ...
Ray Neal
shooting in duplex tonight
Hi all need to keep this short, I'm on scene right now. Property is uninsured. There was a shooting in unit 2 tonight. Building is red taped while they investigate. Sounds like it took place between womans new b...
Josh Bloomquist
LLC, Quit Claim Deed, and Due-on-sale implications
I acquired a SFR recently and would like to transfer it to an LLC for added liability protection of my personal assets. Before closing my lender told me I would simply need to do a Quit Claim Deed to transfer the pro...
Jay Charles
Placing House back into LLC
Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
Joseph Garner
Personal Vs Business
Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...
Mike Flint
Starting my LLC, but no lawyers will engage
I live in MD and am focusing on properties in both MD and NC. I've owned one rental for a few years now and want to expand. I have contacted several lawyers in an attempt to set up my LLC; however, can't get any to ...
Account Closed
Financing for Foreign Investors
We have a lot of Foreign Nationals call us and ask about the financing options they have. If you are a foreign national who invests in real estate, which is your preferred financing option if you don't have the cash y...
James H.
The Work Number
Has anyone had good/bad experiences using "The Work Number" for employee verification? We usually ask for pay stubs and do not formally verify employment. But, we have a perspective tenant whose income we would like...