Patrick C. Bellamy
BRRRR, Appraisal, and Renovations
Last year, I made an off-market house purchase next door to me to start a BRRRR in an A quality tenant area. The seller/neighbor was interested in selling but staying as the tenant. We worked out a sale price and ren...
Ibrahim Hughes
Should we upgrade to 200 amp service?
Hi all. We just started rehabbing a 1500 square foot house in an upscale neighborhood. It currently has a 150 amp service and panel box in the basement. My thinking is that we may need to upgrade to 200. Especially...
Account Closed
LLC needed to invest with a partner?
Is an LLC a practical requirement to investing in buy-and-hold with a partner? If so, is there any way to get around the financing issue with buying under an LLC without having to risk the due-on-sale clause?In my re...
Nigam Shah
Rental as LLC or Individual Owner?
Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?
Mary K.
Is This A Good Tenant or Not?
I am wondering - I have a tenant who is taking good care of my property but is always 1-3 weeks late on rent, doesn't call to explain (or lies about why), and who I sometimes need to chase down the rent, would you con...
Zach Kiser
New From Denver Interested In Buy And Hold Investing
I am Zach Kiser. I am new to the club and I am researching several topics in real estate investing.A few topics I am digging into are...1. I am trying to learn how I get a property into an LLC without violating the "d...
Tanya Solomon
How to calculate how much a backyard is worth?
I have a friend that is renting a home in North Miami Beach in FL. On April 15th of this year, her landlord ripped up the backyard under the premise that she was fixing the septic tank for the small 1350 sq ft home. ...
Melissa Man
Protection from being sued
What do you all do legally to protect yourself from being sued by your tenants.
Jorge Esteban Vargas
Buying Property under LLC or Partnership?
I created an LLC for all my real estate affairs. Lately, I’ve been thinking about purchasing a new investment property with a friend of mine. However, we had no time to properly create a Limited Partnership because we...
Raghavendra Jakkani
Leasing to my own LLC and then to a tenant
This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...