Bruce D. Bolton
Chapter S Properties Transfer to LLC's
I currently own rental properties through a Chapter S corp. To add a layer of liability protection, I'd like to transfer or deed my rental properties to separate LLC's and make my Chapter S a management company (for ...
Nicole Shah
Real estate agents- I have a question
Hi everyone, my name is Nicole and I am just getting started in real estate. I currently live in Florida, but I am moving to fort mill, South Carolina. I am looking to invest in North Carolina as well, since the borde...
Brad S.
Which Floorplan and why?
Here are 2 floorplans for the same proposed rental unit. I am curious as to your opinion between them. Which you like better, why, and if you have any suggestions (They are labeled A1 and A2 on bottom left). This is ...
Sam Lofton
Lead Based Paint Disclosure
Hi Everyone,
I just purchased my first rental and have tenants moving in on 9/1. I want to provide them with an EPA Approved Lead Based Paint pamphlet, as the house was built in the 1960s. Do you know if it is a...
Michael Poloncic
Tenant breaking their lease
Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent. Two of them decided to move out in December without informing me. One of them acciden...
Christopher Labonte
Evansville IN huge rental issue
Morning all!I own a rental property in Evansville Indiana, and it preforms fairly well. I do have a issue that's rearing its ugly head now. One of the units lease is up March 31. They called before the 1FEB to let ...
Tim Adams
Setting up bank accounts
Hey everyone, my question is in regards to setting up bank accounts for properties. I am a new investor who is hoping to jump into my first multi family purchase this year, the question that I have is when buying prop...
Jeffrey Trudeau
FHA Mortgage Question
My brother and I are currently on the search to purchase a primary residence with a FHA loan in MA. We are looking at 2/3/4 unit residential properties mostly. Today we came across an off market deal from a family fri...
Marc Poulin
How to separate money from personal expense on first deal
I closed on my first out of state deal on the 30th of December and have tenets moving in very soon. What is recommended for bank accounts for the property, should I open account in the area of the property of could I ...
Roemeo Barnette
Dual military using separate VA loans
I have a question in regards to me and my wife using our VA loans. So my question is since we are both active duty aren’t we both entitled to our VA LOANS “SEPARATELY” ? I can buy a piece of property and my spouse sho...