My plan is to have multiple rental properties. I have an LLC that I just made that I'm turning into an S corp to do flips with. I was hearing that C corps or disregarded entities are better for passive income. Would i...
Hi everyone,
Recently the washer at one of my properties stopped working. Turns out it was due to the renters not putting lingerie in lingerie bags so their clothing went right into the drain of the washer. I think i...
I own a handful of properties that I manage and have been a landlord/investor for 20 years on a very small scale. I have identified a fourplex and have a partner to buy it with me but the devil is in the details. We b...
I am interested to hear what everyone thinks about how you should analyze when the optimal time (financially) is to sell a rental property. My oversimplified method, which I would love some feedback on/critiques of, ...
What will the landlord be responsible if the property is flooded? The renter will have rental insurance, but I dont think that covers flood. So, if the property is flooded, what consequences/responsibilities do the ...
I've got some earnest money down on a fixer upper, but I've realized there are more problems than were written down on the disclosures form. Is this grounds to back out of the deal and get the earnest money back?
Hello friends, quick question on liability. I have a down spout that is hooked to a plastic pipe that goes under the driveway and empties out into a pop up emitter in the yard . This is the first winter I will have th...
Are there any published or known numbers for what constitutes a "good" return on an investment? I have not seen this info anywhere. I have bewen studying IRR=Internal Rate of Return, and MIRR = Modified Rate of Ret...
A friend of mine has a property manager that has claimed to fix issues with their rental property and has shown some signs of negligence. They soon discovered that there is mold at their property that the property man...
hi!! I'm currently wanting to rent a house out. (First timer) The repairs I want to do are very simple especially since my budget is going to tight. My question is when I bought my house the inspector requested that I...