Joshua Kapp
Being organized
Hey everyone.
I have the opportunity to potentially buy a property on land contract in the future. I'm curious if anyone has any tips or thoughts about being organized with paperwork and treating rental properti...
Ian Loonce
Nightmare tenant - how to remedy?
I have a duplex near a university. It's close to the university but also close to the bad part of town. It can be hard to find good tenants, sometimes we get lucky.I was living upstairs in the duplex and the managem...
Luke Baumbach
How do I veil tenants from knowing I am the property owner?
I'm closing on my first property next month, and I'd like to set up so in the eyes of the tenants, I am the property manager, not the owner.How can I get a different name on the lease?What about mailing address?Can I ...
Bill Gulley
How Many Laws Were Violated On This One
Lack of basic knowledge required by landlords will get you in trouble.
While there are laws violated, look for tortuous conduct as well, claims that may be raised in a suit for civil damages.
Two 21...
Mary Jay
What is the proper way to
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
Clayton Maxon
Property Manager Issues
Hey everyone,I have a situation I wanted to see if anyone else has experience dealing with. Our property manager for a long term rental has been awful with communication ever since we signed a the management agreement...
Phillip Rosin
Can I get a DSCR loan on a property that is livable but needs rehab from flooding?
Purchase price 245K ARV 425K. Market rent 2500/month. Home passes 4pt but has a few feet of drywall removed in several rooms and the lower kitchen cabinets removed. There is a working sink and all appliances are worki...
Henry Lazerow
Vote against new tenant RLTO in Chicago
I encourage everyone to respond to this call to action regarding the changes to the RLTO being proposed by the Mayor. This ordinance will impact landlords' ability to renovate their units as well as for new conversion...
Forrest Hayashi
Using LLC for Rental License while Deed is under personal name
Hello all,
I'm new to the forum and just started in Real Estate Investing. Recently, I've purchased a duplex in the great city of Philadelphia and wishes to rent it out. I'm in a pickle as I want to use a LLC but it ...
Jerry Sanford
help with HELOC please
Five years ago I bought my first home though a Wells Fargo program for 1st time home buyers and a non-profit. I was given $15K towards the back end and paid all closing costs up front. The $15K was amortized over 5 ...