Jeff Piscioniere
LLC logistics as created as a partnership
Good morning all!
Just a few short months ago, my 2 partners and I created an LLC for the purpose purchasing buy and hold rental properties. We closed on our first multi in July. The mortgage is only in one of the pa...
Matthew Shay
Cap Rate Historical Trends
This is a silly question possibly. I have heard people in forums says regarding cap rates to pay attention to the overall trend. Just because you bought at a 7 cap today you need to follow the historical trends of the...
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
Garrett Canter
LLC Structure to simplify Taxes and Operations
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
Samantha Klein
Two weeks in & already problems
I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
Michael Rossi
You Might Be a Moron If You Make a Global Warming Announcement During a Historic Snow Storm!
Here's the story:
http://blogs.wsj.com/washwire/2010/02/08/noaa-blizzard-rearranges-climate-change-announcement/
Here's my favorite part:
More and more, Americans are witnessing the impacts of climate change in the...
Sean Kuhn
Proper response to tenant requests about payment. Exact words?
How do you guys respond when a tenant tells you they can't pay until the 15th or 20th? Or they want to change the payment date to the 5th or 10th? What are your exact words and responses to these situations?
Christian Arellano
Assigning a Lease Purchase Agreement
hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.
Step One: Find a motivated seller
S...
Tony Tran
Leveraging Employer 401k Loan
Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
Kevin Marin
Airbnb into wedding venue???
Hey, I have recently listed an airbnb in September and I got an inquiry for a few dates. They asked me if I would consider allowing them to have their wedding ceremony at the property with the reception after. I'm con...