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All Forum Posts by: Reed A.

Reed A. has started 6 posts and replied 14 times.

Post: Turnkey fix and flip?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Rj I'm an investor

Post: Turnkey fix and flip?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Is there any community or resources out there where people match up investors with people doing fix and flip projects?

Post: Utah, astro turf Vs a traditional lawn?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Anyone know the pro's and con's off astro turf Vs a traditional lawn?

Post: Do a make tents sign a new contract?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Thanks @Sean Tagge! I'll for sure look over what their contract says, it ends at the end of the month. They are paying $1200 in rent which I believe is at market value right now, so I wouldn't plan on raising it just yet, but I for sure would want to add in the new contract that rent with increase as the market goes up. Good tip, that helps.

Post: Do a make tents sign a new contract?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Thanks @Mindy Jensen, yes I will be moving in on the other side. I like the idea of waiting to get to know them. You shared some good information to consider, thanks!

Post: Setting up a bank account for a Series LLC

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

thanks Justin, I'll look into wellsfargo.

Post: Do a make tents sign a new contract?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

That's Omar, I was not meaning making them sign a contract before I take ownership. I was just wanting to know if I am allowed to ask them to sign another contract after I took ownership, thanks!

Post: Setting up a bank account for a Series LLC

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Hello Biggerpockets community!

I need to set up a bank account for a Series LLC, anyone know which financial institution would best understand this kind of LLC and is easy to work with for a business?

Thanks!

Post: Do a make tents sign a new contract?

Reed A.Posted
  • American Fork, UT
  • Posts 14
  • Votes 2

Hello biggerpockets friends!

I'm buying my first house which is a duplex. We close on the 9th of June so in less then a month.

My question is this, the current tents in one half has a contract ending at the start of next month. As I am becoming the new owner, should I be making them sign a new contract? This duplex is in Provo Utah, so anyone that knows how it works in that area that would be awesome if you can inform me.

Thank! 

Will a paperback format come out? I prefer that format. ;)