16 December 2013 | 34 replies
Commingling funds and record keeping are the two biggest issue that can pierce the corporate veil, so if you are going to go to the trouble of setting up and LLC, then make sure to properly maintain that arms length relationship.BTW, I also recognize that you could be personally sued in my example, but a correctly structured entity exists solely for that reason and the hope is that you would easily win such a suit.I now feel compelled to say that I'm not a lawyer and this post does not constitute legal advice....
7 December 2013 | 11 replies
As long as you educate yourself on how to properly wholesale and have literally a few bucks to spend, you can be a wholesaler.The key is finding good deals from motivated buyers that you can get at the right price, and also acquiring cash buyers to sell the properties to.
5 December 2013 | 13 replies
The HOA's claim, through first right, is superior to yours.Now, before this goes from molehill to mountain, why not simply talk to the bank or agent and tell them that you are willing to extend the closing date so they can properly give the HOA the right of their refusal.
6 December 2013 | 8 replies
You have entered a great environment for learning how to properly do business as a real estate investor.
5 December 2013 | 80 replies
If anybody wants any pointers, would be happy to do so.Good Luck where ever you buy, real estate creates wealth if done properly.
19 March 2015 | 18 replies
This is true but that means that you are actually paying 80 months of rent, and this equates to a GRM of 6.8 or soLearning how to do it properly!
13 December 2013 | 5 replies
I am finding the deals on my own and through wholesalers, just need an agent to ensure my partner and I are transacting protected and legally with all proper paperwork)-Home Inspector (As backup to GC.
19 December 2013 | 15 replies
Under the guise of those same definitions, M(3) is a proper party joined.
16 March 2014 | 13 replies
As part of normal human breathing, we exhale CO2 (CO2 is toxic in cases where the concentration is abnormal).Even though you have those detectors installed, you still have to make certain that the heating systems are properly installed and operating properly.
28 December 2013 | 22 replies
So now all I have to do is to test and make sure the pipes are properly connected and no leaks.