David Fern
Petscreening.com free registration?
24 November 2024 | 2 replies
Hi BP Community! Does anybody have a link or info about how to create a petscreening.com free landlord account? I am a small time landlord with a few local SFH rentals, and would like to register a “free account” with...
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Or, the trust (with trustee other than yourself) owns the property with LLC as beneficiary.Costs: LLC registration, annual secretary of state fees, agent for service fees, bookkeeping fees, tax prep fees, attorney fees to unravel structure mistakes, others I can't think of.Also, there are challenges getting title insurance, property insurance and loans for a trust.This is a way to get your name out of public record, no comment on whether it's good or bad.
Nelson Badillo
Housing Choice Voucher Program Inspection
2 December 2024 | 5 replies
I’d like to have someone review the property and help identify specific areas that may need to be brought up to standard before I proceed with landlord registration for the program.Additionally, I’d welcome any advice, suggestions, or insights from those with experience in this process.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
8 January 2025 | 146 replies
These executives receive no salary or other employment benefits from RAD Management but “will realize growth as owners/members” of the firm, according to the document.Under RAD Diversified’s registration with the SEC, any investor — not just “accredited” ones with high net worths — can buy shares, as long as the investment doesn’t exceed 10% of their incomes.
Sri Voodi
Investing in Single Family homes in Akron/OH
26 November 2024 | 16 replies
Akron is not LL friendly, they were the first in NE Ohio to pass a rental registration ordinance (in the 90s), in 2021 added source of income as a protected class - so you can no longer rule out S8 applicants, and passed STR registration last October (and nearly a year later still haven't been able to enact anything).
Meena R.
Modify ownership of commercial property from personal name to LLC
26 November 2024 | 5 replies
The deed, loan docs, registration all included my name, husbands name, and LLC.
Herrison Sitorus
Amend rent registration
13 November 2024 | 2 replies
Looks like previous registrations were entered incorrectly and preferential rents were listed as legal rents.
Golan Corshidi
First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
Unit 3: $800 + utilities Total: $2,825Expenses:PITI: $980General Maintenance: $50/monthMaintenance Reserve: $143/month Other Fees (admin stuff like LLC, registration fees, etc): $70/monthTotal: $1,243.Monthly Cash Flow: $1,582Cap Rate: 13.5%Cash on Cash Return: 45%I appreciate any feedback or advice on this deal as I am just starting.
Christine Aledam
Time to find a new Accountant?
3 December 2024 | 21 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
Nakul Patel
LLC formation question
19 November 2024 | 5 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.