Hi, I'm wondering how to change tenants to bring rent to market price. it's impossible to increase the rent for current tenants since there is rent control in place, the increase cannot exceed 5% annually. The curren...
I haven't seen anything here for a while on this topic. I set up my own S Corp years ago; it's really only about 3 steps. One hiccup I'm foreseeing.. In September 2019, House Bill 3609 passed, removing county filing r...
There may be plenty of discussion on this subject already. But how are the Lonnie Dealers working around this? Is there something new to do? Any help would be appreciated.
I own two condo units that I've rented out on typical annual leases for the last ten years. I'm considering looking into the option of turning these units into Air B & B's. I've seen some recent news on local legi...
Hello!I'm going to be taking ownership of my first apartment building within the next month or so. I have never been a landlord before, so I'm wondering if anyone from Wisconsin would be willing to share leases and ot...
In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...
Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near future).Background: Purchased 2-family house Jan. 2016. One U...
I'm trying to find the most elite investors in Indianapolis for these 2 projects I have under-contract. One is a pop-top and one is a tear down. If anybody has any investor agents in the area that you can connect me w...
I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...
First things first, I plan on making 100% of my payments, have never been late on a payment, etc. I have 0 expectation of being foreclosed on, but the question came to mind and figured I'd ask as a hypothetical.Say I ...