Can somebody explain LLC's and How I should structure it. I've done some research and was told you can do that and then put it into a holding company and then put it into a Trust? Or maybe a corporation? I'm all over ...
I am fairly new with REI and could use some suggestions and/or advice from those who have had exposure to setting an LLC for your rental properties. I am undergoing the process of purchasing my 3rd home and the thoug...
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
Our property manager hired a plumber to repair a dishwasher in one of our single family homes. This plumber had done jobs for the property manager in the past and was reasonably priced from what our property manager t...
Hi BiggerPockets!,I'm hoping someone can give me some solid advice here. The police called me this morning to let me know that a tenant (not on a lease) but living with someone who is on the lease, took his own life t...
Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.
I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
So I was over on Tim Wieneke's great thread on the hazards of going into vacant properties and several posters mentioned that they carry concealed weapons.
I'd like to find out what type of concealed weapons are most...
First my back store. I have owned & managed rentals for 15 years. I've gone through nasty evictions & lots of different tenant issues over the years. I've never had this situation arise so I'm hoping for guida...
This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...