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Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
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I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
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I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...
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I have a new tenant that moved into our rental at the start of the month. Listed on the lease agreement was herself and three kids, no one else. Within a few days of move-in I start receiving calls and texts from ou...
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I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
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Hello everyone,
My story makes me a little sick to think back on and retell, but it’s mine and I’ll claim it if for no other reason than the satisfaction of the difference when I’m free.
I grew up in a rich home but...
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Hello all, I joined this site early this year wanting to buy a duplex and live in it and rent the other unit. I was going to school at the time. I decided after lurking this site for quite a while that I wanted to mak...
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Landlords - Help the new folks out and let them know what you were doing with you bought your first property! Can you get started in real estate investing while working a full-time job? Click Here to Take the Poll!Cli...