Michael Pazirandeh
Is it really worth setting up an LLC?
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
Kyle Doney
New company offers flat fees for selling homes
Interesting read about Denver company Trelora, trying to take down the commission structure in Real Estate. Seems like agents are up in arms over this. Article below.
http://www.denverpost.com/business/ci_244...
Cindy McHugh
Force Placed Insurance Questions
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
Angela Mehri
Should I allow tent to install 220v outlet in Garage for his compressor.
So my long-term tenant is asking permission to install a 220v outlet in the Garage for his furniture project. He wants to use his compressor. Should I allow it? If I do, what precautions should I take, like pulling a ...
Christian Smith
Is this a good location for a self storage project?
I have a 2.6 acre commercial property I've just closed on. I would like to build multi-family on the property in the future, but the market for construction is too high to justify new construction residential right no...
Nicholas Mahon
Individual owner vs LLC vs Corporation
Hi BP Carebears!My girlfriend and I are looking into buying the first of many income properties. We'll be taking it slow to start by doing the House Hack technique, but we would like to eventually build a nice portfol...
Justin Hash
First Time Investor - Contractor Questions
Hi Team,
Im a first time investor looking to buy rental property in Charlotte NC, and before investing have the below 3 questions on finding / choosing a contractor. Any help or responses in general are much apprecia...
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
Quentin Collins
Water Heater in Rental
I am doing a rehab an older house that will be a rental when it is finished and I was wondering, has anyone put an instant water heater in a rental? I have had the electrical upgraded and added a second bathroom to ma...
Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...