Nicholaos Koufoudakis
Separate Bank Accounts Per Property
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Jody Young
Real danger of asking for private money - long bitter post
I debated on posting this because the incident has discourage me so much. But here it is:Last Friday I arrived home to a business card from a detective from our police department. I had just got home from visiting my ...
Keith T.
Rent it out yourself or use a realtor
Rent it out yourself or use a agent which is better For renting out apartments.
Account Closed
It starts in Las Vegas.....Red Alert.
You see the $55 rates. That is unheard of. Similiar happenings at another major big player in Vegas. Big booming economy and Vegas lowering rates. Something not adding up.All i can conclude is dont buy Vegas now...
Andrew Wong
Newbie from California looking for REIs out of state
Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...
Douglas Brown
Burglary at tenant turnover
I'm a relative newcomer to RE investment (2 years, 2 properties in Indianapolis) and this was my first tenant turnover. When the contractor went to make his final inspection of the turnover repairs (nothing major ~$2...
Account Closed
New 'Kidless' Tenants Forged Lease to get their Kids out of LA Protective Services
Young (20ish) couple presented as working 'wife' making 3x the 2-bedroom rent monthly, and non-working ucla grad student 'husband', recently relocated from midwest, and with no children. Employment checked out so I ac...
Jim Goebel
Extremely Petty Neigbor during Renovation - what to do?!
So, wow.A neighbor next door, let's call her Jewel-EE - seems to be on a mission of sorts. That mission so far as I can tell is to be as silly and petty as she possibly can be during the process of us renovating the ...
Mark Forest
LLC controversy
The company entity issue continues to come up on this board as well as my landlord’s association. Here is a site that recommends against an LLC or corp.: http://www.johntreed.com/entity.html
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