Hello, there is an apartment complex and some single family homes. Ther is also own an LLC. None of the properties are finance through the LLC due to the difficulty of securing the loans in the LLC name. The LLC is...
Landlord is breaking his lease while actually one of the owners just passed away and her brother is a realtor who we give the rent to every month. The other owner of the property is the father of owner that just passe...
To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
I’ve got a 1-year contract with my property manager & then after the year expires it becomes month to month automatically. I want to get a new PM earlier though because the current PM is horrific. They take foreve...
The syndicator scene is like the Wild West! Each sponsor vying for investor money claiming that their deal is great, that “their underwriting is conservative, that they have X amount of experience which will translate...
My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
Hi. I'm in a situation where I'm about to close on a rental property that has a Section 8 tenant. I just found out that the current owner and the tenant have a side agreement where the tenant pays the owner almost $...
I need some advice on whether I'm going in way to early or not. I plan on investing in rental properties after I get out of college, but I figured why not start now if I was able to. I've been looking in the $80,000-$...
Hey everyone,I manage a 7-unit building with a nonconforming basement unit pulling power from the common/basement meter. The owner would like to get the tenants to pay their own electric. I had two electricians take a...
Has anyone bought a home out of state for their child and roommates to live in? This is our 1st venture into a "rental property". We are putting our son on the loan as he will be the part-owner and occupying the pro...