Nicholas Mahon
Individual owner vs LLC vs Corporation
Hi BP Carebears!My girlfriend and I are looking into buying the first of many income properties. We'll be taking it slow to start by doing the House Hack technique, but we would like to eventually build a nice portfol...
J Scott
Easement Question(s)
I'm working on purchasing a piece of land (with an old house) that I would use for some new construction. When looking at a land map of the property (and also looking at an old survey the owner had), it appears th...
Bryenne Korte
I rent out my primary residence -- what should I do now??
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Ben Cochran
Tenants trashed my rental
So my tenants trashed one of my rentals and moved out. Carpets were soaked in pet urine and engine oil. Countertops were damaged. Fist sized holes in every room. Doors ripped out of the wall and left the house full of...
Nick Rivers
Selling an investment SF - with 200K Pay off my Heloc or 1031 elsewhere?
I just got tenants out of an aggravating single family I've had for 4 years and fixed it up to sell. I should net 200K off of this sale. Property was only netting me $636 a month after all expenses but my interest ...
Allen Lopez
Landlord is kicking me out to make repairs to ceiling
Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
Janea L.
When is the best time to set up an LLC?
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
Steve Wilcox
Liens that do not show up until after closing
I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
Kevin C.
Significant creek bank erosion issue potentially threatening house.
Not really a DIY task, but not sure where to post so I stuck it here. moderators please move it to appropriate forum if there is one more appropriate.We have a property that is on a heavily wooded 2 acre lot with a se...
Sharad M.
How do you make your money on rental properties?
From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...