Hi everyone!Let me start from the beginning as this is kind of a crazy scenario! Here we go:There is a lady that I know that is a friend of a friend type deal. She's facing possible foreclosure (not sure how far behin...

Hello, I am planning to purchase a few houses in my area by wholesaling them myself, rehab (with contractors) and then renting them out (through a property management company).  The main reason I am looking at wholesa...

Hi guys. Been a while.I have a question for you all.First off, I am in CT.Now, my questions revolves around a tenant breaking a lease, damages, repairs, and liability.I had a tenant break their lease. 2 weeks early. (...

I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...

Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...

Hello everyone, I've been frustrated over the years about how expensive the LA market is so I came here with questions on what the best way would be to get into a property.  Buying a Duplex came as very common advice ...

BP I’m moving forward with my plan.Recently I went down to the Enterprise, AL area to get an “eyes-on” what will be my future stomping ground. For context, I’ll be moving there for approximately a year to complete mil...

I’m a “small time” landlord with SFHs.
Up to now I have not been actively requiring renters insurance in my leases.
I once had tenants with a large dog, and in that case I put a clause in the lease stating that the...

Hi,

I would like to get your thoughts on this. I recently created an LLC to own my future real estate properties and I also just applied for an EIN. What is the best classification for an LLC which purpose is to own ...