Melissa Kaatman-Boettge
Setting up to scale - Series LLC in Missouri
Hello, I am working on setting up an LLC to purchase our first investment property (a 4-unit). I have read about series LLCs in Missouri, and I think that is the direction we will take. Since this is our first investm...
Ronald Burgess
Verbally agreed on first deal
I've been researching and wanting to start investing for years now but always had an excuse (nerves) not to. I recently agreed verbally on a deal ( pending finding a bank to mortgage such a small loan) with a guy who ...
Dee Bearden
Renter wants modifications to lease, need advice
I'm using a standard North Carolina lease I found online and my renter wants several changes. Any advice on these? I don't have a lawyer on retainer. The first few seem potentially problematic...23. Indemnification –...
Austin Stowell
Avoiding residential $10K cap in 2018
I am curious what tax strategies people are planning to use to avoid the $10,000 cap on deducting property tax on a primary residence.Has anyone considered quitclaiming a primary into an LLC and then renting that prop...
Jake Calobeer
Wyoming Rental Markets
Hello, BP community,New buy and hold investor here looking to learn some more about various rental markets in the state of wyoming. I currently reside outside of Salt Lake, Utah and recently finished and sold my first...
Michael Calderaro
Laundry Room Issues - How commissions are paid to your property
Greetings Gentle Readers!Today's topic is one that is of some concern to multifamily apartment owners currently in a laundry lease or thinking about signing a laundry lease."Commissions" is a colloquial term used by l...
Benjamin Riehle
Empty Schools Provide for a Unique Investment in Kansas City
What caused the vacant schools?
Kansas City is not the only metropolitan city that has closed schools in recent years; Detroit, Philadelphia, and Chicago all closed a large number of schools as well. Unli...
Dave Craig
No viewing until under contract?
Was made aware of a house that just came on the market today. Existing tenant but no viewing until under contract. This would be my first property and that just sounds too risky to me. Are there documents or info I ca...
Brent Causey
Male/Female Dynamic in rentals
Just wanted to get some feedback from the community on a situation I encountered. Tonight I went by my rental to check for a package for the previous tenant that had supposedly been sent there. I knocked on the door a...
Gorden Lopes
Question about backing out during inspection contingency
Hello folks!This forum has really helped me a lot as I go through my first deal of buying a SFR in Huntsville Alabama. I will definitely post more details about the numbers and what the final outcome later but in the ...