I am brand new to real estate. I was advised to start an LLC, open a business bank account, and then seek out investors. What do I need to do to establish a relationship with an investor, and what questions do I need ...
Hi everyone!Working on getting into my first investment property and the plan is to partner with 2 friends. We're really just looking to get the first one out of the way and get a better understanding of the process o...
I have always read that you should never take over a rental property where the landlord/owner pays the heat & hotwater. What has the experience on the board been?? Has anyone ever taken over a small multi-family...
Hi All,I have a general question and would love anyone's advice on land investing and whom is familiar in zoning requirements. If anyone from Massachusetts wants to chime in, that would be great too : )How did anyone...
We recently closed on a rental property with an existing tenant. The insurance company just sent notice that they will cancel the policy due to a trampoline next to the house unless we sign a trampoline liability exc...
This may seem elementary to a lot here but I continue to see my students writing frantically to get it down so, I thought I'd post it.
[size=18][/size]When you first look at a potential deal, how ...
There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
The electric company has required my new tenant to make a huge deposit due to 'previous late payments'. The company renting my property already has 86 rentals in the state and mine is the 87th. The company renting my ...
One of my tentants in a duplex reported a roach issue recently. I've called an exterminator but I'm wondering how or if I should divide the costs with the tenant. There were no roaches before she moved in (I lived in ...
Hi Everyone,I'm sort of split on the decision of which property management software to go with. Builium I can get everything in one spot for $45/mo. I am starting with one unit and hopefully adding another by year end...