Hi all,
Okay - here's the situation: shared entrance hallway between two units, and one of the occupants is using the hallway to smoke pot. I know this because I have been in the hallway a few times in recent weeks ...
Here's the scenario...My wife and I lived in this house for 4 years, rented it out the last 4 and are thinking about selling it. I'm wondering if there are any advantages to putting in an LLC right before I sell it in...
My husband and I are currently in our 3rd live in flip. 6 bed, 3 bath, on 5 acres. We’ve FINALLY, after 3 years of remodeling on weekends, got the house & land completely done except flooring & baseboards for ...
I'm in Houston TX area. I have 3 real estate businesses I started 3 years ago. 1) Sole proprietor Fix and flip business: doing 15+ properties per year all cash with 6 to 9 properties in inventory. 2) Sole proprieto...
After more than 15 years in business during which time I had never had a registered complaint, much less a legal issue, I was taken to court for recording a contract. It was deemed a malicious act by the judge and sh...
Would you ever consider putting up money to invest in an LLC where there are other investors doing the same thing (who you don't personally know)? I've recently been made aware of a group that essentially puts invest...
I have a question as a new three family house owner. Previously, water heater issues arose so rarely in a single family house, but now it will come up more often so I need to learn.Is it best for me to buy the water...
Hi all, I am looking to go under contract for a property that has 2 units and needs some work to bring it up to speed with what the current market in the area offers. However, in the unit that needs the most work, th...
Hello BP,
I have a few questions about your first ever rental property;
How much did you buy it for?
What did you price the rent at?
What was the breakdown of the expenses?
What was the Cash on Cash return,or RO...
A few like-minded friends and I are considering pooling our resources and purchasing a piece of raw land in a desirable area (Malibu) and are wondering if a syndication with a LLC shell might be the best entity for th...