Austin Schubert
Private Money- How do I structure an agreement
I have a family member that is willing to invest in a multi-unit deal. They will be covering the full purchase price and closing cost to get into the deal. It will be under my LLC and I will be asset managing the deal...
Dave M.
Managing multiple LLC's
Not sure if this is the right category to post in, but I have a general question about managing multiple LLC's for rental properties. If you hold rental properties in individual/separate LLC's for privacy & prote...
Vanessa S.
Security Deposit and Cleaning
Hello everyone- My tenant has moved out and the place smells. Neighbors have reported seeing the tenant’s guest smoking so this is the reason for the odor. My tenant attempted to disguise the odor with really smelly d...
Rafahael Islam
What is the worst part of getting a hard money loan?
When getting a private or hard money loan what part is the most frustrating?
- Initial intake?
- Filling out loan forms and getting them in?
- What part of the process is the most difficult?
Marcell L.
Understanding Principal Pay Down Impact On Return On Investment
Hello All - Want to see if I am correct with the following when trying to understand only principal pay down and its impact on returns.Keeping numbers hypothetical, round and simple.100K house20K down payment Cash F...
Daniel G.
Partner's Outside Basis Change After Payback
Hi, I'll do my best to make my question as simple as possible to understand. Suppose that a sponsor raises capital for a multifamily property acquisition between himself (General partner) and other limited partners. T...
Bhaskar Nyshadham
C corporation for purchasing rental properties
I'm thinking about purchasing my first rental property to diversify my assets. I'm wondering if starting a C corporation, where I am the sole shareholder, makes sense. I know some downsides: double taxation as the cor...
Tom R.
Does cozy send the land lord a reminder every month?
I'm new to this world. I had my first tenant sign up for cozy last month. On the 26th last month I received an email that the rent was coming due and that payments have been set up. A couple of days later I received ...
John Sigs
What should I charge for Property Management?
This is privately arranged property management. I am not a property management company. A friend has offered to pay me to manage a house he owns in the Greater Hartford area. I have not see the house yet. Here are...
Beatrice Temi
Price listed, prince under contract, and buyer price
Hello, Could someone please explain how this works. The prince listed and price under contract. Which price do you inform the buyer? How does it all work together when selling a contract to wholesale? Thank you in adv...