All Forum Posts by: Ghassan Jabali

Hello Lucas,

Congratulations on your first multifamily property. I have used Ring as a product to have different cameras pointing at public areas such as the driveway and entrance. While renovating I was able to have my independent contractor have them installed.

Hello Jose,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about wholesaling properties to get a diverse portfolio.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey with wholesaling. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your businesses and acquire properties.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Mallory,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about wholesaling as you work your way up to Fix & Flips.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, for either wholesaling, flipping, or long term investing. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you gain experience or grow your portfolio.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Gin,

I hope you're doing well. Generally, it will depend on what kind of loan a person may have with your Lender. Many Lenders that are compliant with Fannie Mae and Freddie Mac may not be concerned if they transfer the property directly into an LLC. However, if the loan is not a traditional loan, then the Lender may utilize the transfer as a justification to trigger the due-on-sale/acceleration provisions even if a person is the only member of the California LLC.

One work around many individuals use are Revocable Grantor Trusts (often times called land trusts) which act like Living Trusts. Transfers of residential property, even if it is for investment purposes, into a Revocable Grantor Trust is exempt from acceleration, but not for any properties classified as commercial. It is the same reason how people can transfer their properties into Wills or Living Trusts without triggering automatically the Due-on-Sale clauses. A person could transfer the property into a Land Trust and then because it is a private document have the beneficial interest assigned to the California LLC for asset protection, all while gaining some anonymity and avoiding reassessment with the proper exemptions being filed when the property is deeded into the trust.

Please let me know if you have any questions with regards to it.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello William,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about real estate investing and flipping.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either investing or flipping on your own or with partner investors. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your active flipping business and deciding what you may keep for long term investments.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Jerome,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about real estate investing in Alabama or other states.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either investing on your own or with partner investors. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Caleb,

I hope you're doing well. Insurance is always a great first line of defense with an umbrella policy being a great way to protect in case anything unfortunate were to happen. However, lots of investors still chose to organize an LLC and put property into it with some type of asset protection structure, even for 1 or 2 properties. With my own personal investing, I have my rental property inside a business structure to provide anonymity and asset protection, along with insurance to protect my businesses from one another, my business from any personal liability, and any personal liability from going after me personally. I do like to recommend both as the best practice and if finances allow it.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Chris,

I hope you're able to make lots of connections and learn a great deal about real estate investing in other states than California.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either investing on your own or with partner investors. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

 Hello Eric,

I hope you're doing great. The Trust is connected to an LLC by having an assignment of Beneficial Interest, making the LLC be the beneficiary. The property is still owned by the Trust, but all income goes to the LLC and business protections can start to apply.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello David,

Welcome to Bigger Pockets! I hope you're able to make lots of connections and learn a great deal about real estate investing.

One thing I may recommend if you're very new to things, and if you haven't done so already, is to learn about Trusts and LLCs as you begin your real estate investment journey, either for rehabbing or holding property. These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.