Ian Thomas
Importance of getting an LLC
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Chase Gruening
Hard money for beginners
Can someone explain the hard money concept in the context that someone knows nothing about it. Terms?Fees?Advantages?Disadvantages?Qualifications?Which method of investing this works best for?Which method of investin...
Gusatvus Johnson
Tenant wants me to pay to add interior door
I just had new tenants (a group of guys in their 20s) move into a 4-bedroom unit. One of them, who is a contractor by trade, asked if he could install an interior door because it would make the layout of the apartment...
Ellen Z.
Advice needed to negotiate with bank on a cash offer to short sales
first time poster and a green hand, seeking advice.
I am interested in purchasing a short sale property.
The seller bought in 2005 for 440K.
short sale listed around 275K about a month ago,
recently reduced the price...
Sean Iannucci
Possible SAFE compliant "RTO" plan
The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...
Joe Kato
Selective with tenants in my house?
I know about the 8 protected classes when screening tenants, but fell into a situation today I wasn't sure how to answer. I offered an apartment in the multifamily house I live in to a lady on the phone to come look ...
Joseph Roberson
Buy and Hold Strategies
15-30 year terms?
Should I plan on hiring a property management company?
Is there software to help you make decisions on property to see if it is a positive deal or not?
Anything else to add that is needed to know ...
Ethya Lawani
Real Estate Attorney in Houston to create LLC
Hello Biggerpockets!
I'm a newbie investor looking to start investing in real estate soon this year. I'm trying to decide between investing with or without an LLC in order to keep my personal assets separate. So, I...
Shanna Vataj
Month to Month as a protection from Eviction Moratorium
We are in NY, a very tenant-friendly state but in an area where rents are very high. I met with a client yesterday to list his 3bed 1 bath for rent. Typically we would ask for a 1-year lease and 1m security (max here ...
Canneton Howard
The Rent Raising Game
I know this topic has been approached numerous times, but I haven't been able to find a post with a similar enough situation to get a feel for what to do.I recently purchased a duplex in Colorado Springs that needed s...