I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
Hi BP,
Can I get copy of an operating agreement as an example? I’m looking to invest with a friend of mine an we want to set things straight from the get go.
If there are examples on here already. Just direct me to ...
I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...
How difficult is it to purchase a pre-foreclosure, subject-to the existing financing?
In these cases, the owner has defaulted and the lender has begun the foreclosure process. There is usually a foreclosure attorney...
Copied from a fellow broker so i have to paraphrase but thought this was good info -- esp why we never crashed in the housing bubble.MY WORKING FIRST TO @NICHOLAS B: I have an excellent article for you regarding why N...
I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
Four individuals and I are considering pooling our funds to acquire a multi-unit property. I'm trying to determine how to structure the deal to protect each individual owner's interests, minimize liability exposure, ...
so, recently i was told that even though im in wisconsin, the best state to register my LLC in is nevada. Speciffically because the corporate veil is much much harder to pierce. to the affect of the only way to pie...
Who would be the best professional person (i.e. realtor, wholesaler, etc. ) to help me sell my rental properties ?
I am a data guru/excel junky and part of my professional gig is building automated tools using Excel and Access and lots of coding and macros. I have built a simple (in my highly automated subjective opinion) excel s...