Nikky Jarvis
Who is accountable for this - realtor or tenant?
I signed a contract with a realtor to find a tenant for my property. He found a tenant after vetting the tenant, we signed a lease, and the realtor sent me a screen shot of renters insurance and utility agreement wit...
Wave Taylor
Setting up an LLC for Multi family properties
Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
Darrell Bazemore
Infinite Banking? Do or Don’t
Hey there, I’ve recently come across this concept and after doing light research I cant seem to find anything wrong with this personal finance system thus far. I got a quote to see what the cash value is year 1 and it...
Michael Lauther
House is on fire
Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...
Gary P.
My first RE investment before the first rent check
My first post while riding the ripple of closing on my first investment propertyWhy?I followed the path I was taught since grammar school: go to school, get a job, live below your means, save your money, retire. While...
Kyle Gregg
203k Loan Officer misrepresentation, need help!
I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...
Anthony Pisciotta
Reduced Rents for COVID-19?
I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
Nick Bourgeois
LLC Deed Transfer - Due at Sale Concern
Hey everyone! Hope y'all are getting geared up for the holiday weekend.My partner and I continue to come to the same hurdle... deed transfer to a series LLC. We've spoken to numerous lenders across DFW, and every sing...
Ken Nyczaj
Self Manage- no liability protection under LLC?
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
Michael Glaser
LLC: Which State Is Best?
Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...