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Results (7,009+)
Sarah Lorenz Critique of My Recent Stay at a Vacation Rental
1 September 2019 | 24 replies
Mostly tolerable, except there is a child who periodically gallops the length of the house for up to 30 mins at a time.Dish detergent and body wash seem to be watered down.One, repeat 1, towel each for 2 people for 9 days. 2 rolls of TP.No house manual /house rules.At least it's better than the one in Chicago last year with a giant hair clog in the shower drain and tons of disgusting leftovers in the fridge (and lots more stuff).
Marcus Auerbach Thank God I had an LLC!! - Said no one ever!?
19 January 2024 | 140 replies
Underwriters, title officers, and above average smart people can stab through with a butter knife these asset protection plans, so can attorneys and government authorities. 
Alma Salazar Tenant is always complaining
29 November 2016 | 15 replies
Don't listen to her buttering up.
Justin Westmoreland Average Profit per flip
18 March 2019 | 81 replies
Most bread and butter flippers that I bump into are targeting 10-15% profit. 
Adam Collopy How do I assign my rental under my newly created LLC?
17 September 2021 | 32 replies
(Reference Kenoe on Land Trusts 1989) just so you know this ruling stops the partitioning of beneficial interest in a LT so a creditor could not pierce the trust with a charging order since other beneficiaries would be negatively impacted.The worse case scenario would be the creditor can take that say 10% beneficial interest in the trust and they would not get paid until the property sold to cash out but the trust itself it NOT pierced and nothing is ironclad.The LLC protect the LLC members form liability and the LT protect the "corpus" or real property.Depending on your exit strategy determines the trust you should use and how it would be setup.I use LT in my investing and honestly like the way they work when done right so just wish to chime in.LT also work very well in multiple investor scenarios on property.LLC and Land Trusts are like bread and butter they work very well together that is basically my point.Mitch as to grant claim deed my understanding is you show proven reliable chain of title and that you have documentation you have the right of ownership.
Jerry Shen Have $2 Million, what to do?
21 June 2017 | 94 replies
I am working with established partners to deal with the aspects I don't want to deal with (like... tenants:)  I am sticking with "boring" classes of RE:  SFH 3/1, 3/2 bread & butter that I can get cheap relative to what they will bring in rental wise.  
Ben Rutkevitz Paradigm Life, Infinite Banking, Whole Life Insurance
10 January 2023 | 134 replies
My goal is to take cash value loans out as early and often as possible and self-fund some bread and butter rehab projects that I'm already doing… So, I’ll in theory repay the loan to my policy, however, the proceeds from the rehabs are taxable, but they would be anyway if I was using cash sitting around my .01% bank account.
Ryan Keenan Need some eviction help for the tenant from hell
3 September 2018 | 85 replies
If she cannot find a new place by then, sheriff will give her a 24-hours from 9/30, then sheriff lock her out from the property, you hire a locksmith to change the lock, then sheriff will post a big yellow tape at the door that “no body can enter”, and she will just sleep in her car or sleep on the street until she/her social worker can find her a new place.  
Mindy Jensen "Stupid" Mistakes Every Newbie Landlord Makes
3 June 2018 | 142 replies
Better to go another month vacant than take the first warm body with a job: you may be verrrrry sorry!
Robert Johnson CDC Moratorium Extended
6 May 2021 | 8 replies
somebody has to compensate landlords. forbearance does not cut it. state or fed govts or cdc need to compensate landlords by cutting them monthly checks. so far they have been doing whatever they want without facing any legal and financial consequences. there is also no national body that represents interests of landlords.