Adriana Collado Hudak
LLCs for each investment property?
Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
Consuela Adams
Flood Zone- Flood Insurance
Question for new builders-, if a buildable lot is In the flood zone could a new foundation be built on cement blocks and if so would the property still need flood insurance? This lot is near a creek.
Bill Gulley
How To Structure a Subject-To Transaction
Okay, when you do a subject-to transaction, do you have the seller secured in the transaction or do you leave them hanging out there?
How do you secure the seller who takes back no equity?
You give them...
Stephanie Dupuis
Anyone have experience with GSA Government Auctions?
To clarify - GSA is the General Services Administration, a branch of the gov't that buys property (residential property) for gov't use and then will sell it later at auction to recoup their expense (is this accurate? ...
Spencer Ellingson
Steps to cut out realtor?
Hi there,I found a property in our local newspaper and we want to do a transaction with out realtors. I currently own 8 properties and every one of them has been done with a realtor. I"m trying to think of the steps t...
James Jacobs
Seller Financing Deal
Who should I contact for help in structuring a seller financed deal? Situation: I am the buyer. The seller (two brothers as a partnership) has a mortgage on the property and let's assume they only have 20% equity in t...
Robert Schwenkler
Managing liability (via LLCs) while using residential loans
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Henry Kaldenbaugh
Reverse Mortgage owner death
I came across an interesting situation. there are (4) foreclosures that I have looked at and Matt at Montezuma Realty has informed me that they are the result of an owner who took out a reverse mortgage and subsewuen...