Kevin McGinnis
Tenant Screeing: Background Checks
I'm getting ready to start year 2 as a landlord. Year 1 went great, but tenants are moving out at end of month, so I'm in the process of showing my rental house, and getting lots of interest.Here's my question: based ...
Jantsen Locke
how do i conduct a seller financing plan start to finish?
I understand the high level idea of seller financing, and i am now faced with two properties that I feel could be perfect for this. I have never used seller financing, as i am currently house hacking with an FHA loan...
Jeremy Turner
Anybody selling on Lease Options??
It seems like in the current market it would make things easier to sell on Lease options. Am I right in making this assumpton? How much down are you getting for the houses?
George P.
Security deposit - how much is too much?
Would a month's rent for 2 adults living in a property be adequate Security deposit? (I plan on raising deposit by $500 which is 1/3 of month's rent for each addtl adult, such that 2 adults = $1500, 3 adults = $2000 d...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
Anthony Gomez
jumping in head first and learning as i go along
hi my name is alex before i start im going to let you know my situation as of today as im writing this i have no car a bank acount with a negative balance in it and i live on a fixed income so i started reseaching the...
Bill Humphrey
Risks with the Checkbook IRA (LLC)
I have seen several questions and comments about the advisability of using the Checkbook IRA LLC structure. Although there are a number of firms pushing the idea we always try and point out the potential danger of do...
Eric Li
Repair problem: who should pay for repair.
I managed a rental by myself for a few years. I have this tenant moved in since Jun this year. In end of Oct, I got a message that the garbage disposal stopped working and there was leak under the sink. I went there t...
Joe Splitrock
Another Victory for Landlords on the Eviction Moratorium
A federal judge in Cleveland has stated the federal government over reached its authority with the CDC eviction moratorium. The judge stated the federal government cannot exercise power that congress has not given the...
Bruce Crawford
Protecting your assets for non-US citizen spouse
I am trying to learn the best way to protect assets in the US when I die. My wife is Japanese (we live in Tokyo) and I want to be sure she will inherit all assets in the US. Any suggestions on the best way to do this?...