Matthew B.
Single vs. Multi Member LLC
I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...
Joseph Bass
Declined my offer for over asking price?
So a house in my area declined my original offer. They also stated they wouldn’t take any less then asking price. I returned a offer of 100 dollars over asking and they declined it again. I got a response of a round a...
James H.
Hard Money Details
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Gaurav S.
What would you do if you live in a very expensive neighborhood ?
I have been waiting on the sidelines to buy a home since 2006. I live in Santa Barbara and after 5 years of renting a one bedroom apartment frankly my patience is running out. We are planning to have a kid and need to...
Charlie Moore
Texting battles with tenants...
- Losing your temper as a landlord... - Do you ever get into heated arguments with tenants? - how do you handle these texting or calling battles?
Gerardo E. Saldana
$100 per door formula - Does it make sense to you?
Hi guys,I need clarification on a phrase I hear often times around investing in rental properties.Often times I hear the whole "your goal is to make $100 per door..." in podcasts, seminars, bigger pockets webinars, et...
Dale Osborn
Should realtors be held responsible for their actions?
If you file a complaint against blatant unethical actions of some realtors, the State Real Estate Commission finds no fault wrong. Yet the National Association of Realtors spends millions in advertising every month to...
Gabriel Harper
Start a property management company which guarantees rent?
Hey folks,
I'm a landlord with four properties, and have had bad experiences with property managers. I'm thinking of starting a property management company with "skin in the game". My idea is to sign multi-year lease...
Taylor Jennings
C Neighborhood: What rehab additions will increase $Rent/mo?
We are doing our first C Neighborhood rental and are estimating ~$650/mo for a 2bd/1ba/1300sq.
I was told if I put appliances into the house then that generally will get us a bit more in rent/mo. Understandab...
Lloyd Segal
Economic Update (Monday, January 11, 2021)
Economic Update(Monday, January 11, 2021)
We all have our New Year’s resolutions. Most likely your goal is to tackle that extra weight, run that extra m...