I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
Hi,
I was wondering if any landlord has put a maximum cap on a tenants water usage? For example, if the water bill comes in at over $75/month the tenant is responsible for anything over the $75. So if the bil...
Hi Everyone!! I just joined the site, love it! Stumbled upon it through real estate researching and I'm so glad I've found it! Just became a Pro-Member after Brandon's last webinar. I'm also listening to Scott's se...
Hello Everyone,I have recently purchased my first investment property; a duplex in southeast Michigan. There is one unit occupied as of purchase and the search for the second unit tenant has been off to a rocky start....
Have been plowing snow for the last 2 1/2 days. Was at one of the locations and I cut to deep and got into the driveway base. It was Pea Gravel. This doesn't happen at our other locations where it is either Concrete o...
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
Hey everyone,
So I got sent a picture of what seems to be mushrooms growing in the ceiling of my tenant bathroom. I sent the picture out to my contractor already waiting for feedback but I wanted to share it here als...
How does this exactly work? What does the agreement look like? What does it say? Do you need an attorney to write it? Does the SEC need to be involved?
Scenario would be a friend and I agree to go in on a deal to...
I am no expert when it comes to solar, but I have seen some retailers advertising 0% down payment and low (0.49%) interest rates for solar panel installation in the area. When I think about both the appraisal + utilit...
He everyone, I currently did a walk-through of my properties I own in the midwest. For the most part, I know what to look for. For example, I have a rental with two military tenants. They're amazing. The house was in ...