I have a friend that has a successful non-real estate business in an LLC. He's interested in passively investing in the real estate work that I'm doing, but would like to do so from his LLC.Here's are my questions:Is ...
I have a quick question. We are closing on a occupied 4 unit on Nov 1. The rent is due by Nov 1st. How do I receive those rents? Do I have the current owner send them over, or can I contact the tennants before closing...
Hello,We have a SFH that received a notice from the city (Daly City, CA), that they're going to send an inspector to ensure it isn't violating any California Building Codes.We purchased it about 25 years ago and it co...
Hi. 1st post here. I've been lurking since October 21'. Currently an OOS investor living in beautiful SoCal. Investing down south. Wish I would have found this forum earlier to save me from a lot of trial and error. I...
Have a small multifamily in North county St Louis which is "managed" by a property management firm. Received a letter from city today summoning me to present to court online given
- change of occupancy has occurred w...
Tenant hasn't been paying, taking advantage of eviction moratorium. I applied for rental assistance as soon as it was available. Received the check today for all missing rents and 3 months rents coming up. Took foreve...
Hello BP Family,I will preface this by stating that I tried looking for updated posts on this topic but the posts I was finding were at least a year old. Things are changing quickly so I figured this would be a good p...
Hello,
My mom received a house through an inheritance last year. She now wants to transfer that house to me as a gift.
What kind of tax issues should I be concerned with in terms of receiving such a gift. The ho...
I recieved the cancellation after the seller would not agree to a money credit . I did not want the cancelation I was trying to get some credit but I will take it as is. Now the seller does not want to agree to a requ...
Hey guys, I tried to ask what I'm about to ask a couple of days ago, but somehow it didn't get posted on the site...
Is there anybody on this forum who is an online subscriber to the Wall Street Journal... who might ...