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So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
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Closing on our first deal next week. It started out as an answer to a craigslist ad for an automated business and the owner of business would not accept our VERY fair offer to take over his lease....so now we are b...
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Has anyone ever used a home warranty service to cover the small issues with appliances & such throughout the year? For example, America Home Shield? Wondering how well it works & if it’s proven to be worth it ...
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Instead of selling some of my flip houses in Arizona, I would like to refinance them out of short-term hard money into long-term rentals using the BRRR strategy. The problem is that I don't have a real job or W2 and c...
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Hi BPers, my job requires me to travel into a Chicago 3-5 nights a month, and I'm stuck paying hotel costs out-of-pocket. I like the idea of buying (or renting) a condo in the Loop/New East side area, so I have a pla...
I just Changed my thermocouple and now it gives off a weird smell ( not egg or gas) and the metal shield gets hot during heat up. Any suggestions.
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Hi there! I quit my banking job over a year ago and now do REI full time. I am also a RE Agent, mostly for my own deals and for family and friends. I’m interested in learning if my REI income (Sch E) could be shielde...
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Come to the Springfield, IL landlord meeting tomorrow! It’s held at Donnie B’s (by Target). Meet and greet starts at 5:30 and the meeting begins at 7. Below is copy of the email with meeting details, sent out by the c...
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I have a positive cash flowing SFH rental property as well as a positive cash flowing duplex both about 5 hours from where I live. I have home warranties on each property (about $45/door per month) but I’m wondering w...
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Hey BP,Can anyone recommend an attorney with real estate experience in Northern Virginia that can assist me in completing LLC documents?Also, does anyone have any experience with Legal Shield? Would you recommend them...