Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Scott W.
Landlord spanked a tenant with a belt over nonpayment
Did you hear this? True story...in the Cleveland area, I believe.
Tenant owed landlord around $2800. Landlord got upset so said, "If you're gonna act like a child then I will treat you like a child." So he told him h...
Cliff Harrison
Closed on Rental Property #18 in Grandview, MO
#18 was a long time in the making. It was short sale with Wells Fargo with two mortgages on it. Started working on it last December and it finally closed on Friday 8/28.It's a 3/1/1 with large detached garage/worksh...
Darrell B.
Tenants not on the lease threaten with attorney
Hey Guys,My brother has a rental in Shoreline, Washington and rented to a friend. Pretty standard SFH with a lease. The friend ended up letting one of HIS own friends live there with his wife and child while he lived ...
Brian Sherman
School Psychologist Looking for an Investor Mentor
Hey Investors!
I've been trying to rack my brain about how I can get a great investment mentor. Here's my thought: Are you experienced in long distance buy and hold deals? Or, are you an experienced investor in a st...
Charley F.
Applicants: When to ask for bank accounts statements?
When should a landlord require to see bank statements of the applicants to see their financial stability?
I was recently advised that is common practice in the industry NOT to ask for personal bank accounts UNLESS th...
Andrew Turella
Does anyone use a Series LLC format?
I’m looking into the best way to structure multiple LLCs for buy and hold properties and stumbled upon the series LLC format. Does anyone have experience with a SLLC?
Vsevolod Tokarev
Residential Property in Moscow: facts, figures, tips.
Residential property: Net annual interest income can be considered as an excellent lie in a range offrom 6% to 7%. (Commercial property: from 12% to 14%).(That’s my first article here. I live and work in Moscow. The i...
John K.
Tenants Changing In Unit Security Deposit
Situation: Two adults, two children. The two adults are parent and child (over 18), both are on the current lease. They were inherited tenants, and have been EXCELLENT tenants almost always paying on time like clock...
Andrew W.
Texas Series LLC - Bank Account Recommendation?
Hi Texas investors! Can anyone recommend a bank in Texas that will allow me to setup separate checking accounts for each Series of my LLC? I've setup an LLC with a separate series for each of my rental properties (2 s...