Kyle Weinapple
LLC or not? If so, which LLC option is best?
Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
Vicki Gleitz
can I do anything
Almost 2 years ago, my disabled son purchased a home as a rental [and to live in it when and if he is ever able. wIt as an extreme fixer-upper but we worked on it every week-end [commuting from Denver] I fell in love ...
Derek Scott
What all do you put in your LLC?
We have an established LLC in South Carolina. For tax purposes, we intend it to be disregarded entity. We will be purchasing at least two SFHs in the LLC soon. We're going to BRRRR the two houses and keep them for ...
Mike Bator
Why aren't real estate investors proactive?
I'm genuinely curious – why aren't real estate investors proactive? For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3...
Stephen E.
Ex Tenant Volunteers to pay damages - accept or sue?
My now ex tenant, the one detailed in earlier posts concerning his drug dealing, has been in touch. I had written a demand letter for over $5k of damages to the unit, backing this up with invoices for painting and flo...
Luis Felix
Turning a single-family into a multi family in Seattle Wa
My dad is selling one of his two properties in the Phinney Ridge District of Seattle. I have tried to talk him out of it, but that’s a whole other topic. My question is, can my dad add a second unit to his single-fa...
Shamsul Chowdhury
I bought a NY rental with Arizona LLC, now told that i cant evict
Property is owned by an Arizona LLC, property is in NY. I need to evict a tenant, now am told by attorney that i cannot do legal proceeding with an arizona LLC owning that property. Experts on this matter, please help...
Sam Leon
Advice needed to prevent trespassers during rehab and interruptions
I have a unique situation where I have a property (SFR) that I am in the middle of rehabbing, and got called away on a family emergency overseas and need to be away for a while (probably till May 2023) before I can ge...
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...
Robert Timm
Mortgages through an LLC
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...