Yvette M.
July rent not paid
I posted on another LL and would like to get y'alls thoughts on the situation:I'm on a merry-go with a POS tenant. I terminated contract with PM. All tenants were by PM notified that I would be self-managing beginning...
Sean Brennan
How do you name your LLC to add the most value?
For a wholesaling business I am thinking of the following names:
1. Brennan Residential, LLC
2. Brennan REI, LLC
3. Merrimack Valley Residential, LLC (MVR for short)
4. Merrimack Valley REI, LLC
I am leaning...
Christopher Smith
1031 Rental Property Gain into Delaware Statutory Trust Vehicle
I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles. I really like the concept of being able to utilize 1031 to defer my very substantial SFR gains by reinv...
Zach Lincoln
Investing Retained Earnings
Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
Chris Martin
Being invisible
From another BP post I saw this comment:
"No matter if you have your proprieties in a LLC, CORP it is not hard to find out who the owner of the LLC, CORP is. I am no expert but doing normal business hours it ...
Rob Grove
Should I get my Real Estate Liscense
I'm reading the book, the book on flipping houses and the author recommends getting my real estate lisence. I haven't done any deals yet but think I have 3 options to help me do my first deal this year. Would you reco...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Albert Ng
Which tenant would you pick?
I have just finished remodeling a SFH rental property in San Jose area. My goal is to rent it out long term. I have 2 top prospective tenants (the rest are screened out).#1: Section 8 tenant approved for 5 rooms. Mex...
Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Phil LoCicero
New Administration Hostile Towards Landlords?
The Biden administration has me a little nervous. I have great tenants. It appears that there are some radical ideas being tossed around by some members of congress such as complete rent forbearance and forgiveness al...