Jin Park
Series LLC Cashflow Question
My residency is in Atlanta and my two investment properties are in Indiana. Based on my meetings with the attorney, I have created two sets of legal entity. 1.Traditional LLC in Georgia (Operating LLC)--> This has ...
Michal Kolenda
New Investor Considering Elmwood Park
Hi everybody!I'm new to the forum, but I've been greatly interested in real estate investing for the last year or so. I've been searching for a 3 flat in the North Chicago/west suburbs and have narrowed it down to Elm...
Blake C.
Verifying Income
Do you look for three times their net or gross income? I have someone I really like that is close but his child-support pushes him under the 3x rule.
Brandon G.
Adding boyfriend to a month to month lease
Hello everyone,I'd like to get some opinions on my situation. What would be the best way to set this up? I don't want things to go bad and get stuck with some bad guy and his child that I can't get rid of. I have a...
Dan N.
I am in a Mortgage Conundrum - please help
My wife and I just added our children to the deed of our house, which we currently have a mortgage on. We also happen to be in the middle of applying for a HELOC with the same mortgage lender. We started the applicati...
Eric Dubrule
studio apartment with multiple tenants
I have a situation where a current tenant wants his girlfriend to move in with him. He called me and said that half her stuff was moved and if it was ok for her to move in. I'm uncomfortable with this as I feel a s...
Mike Ross
Child Support Judgement - Sheriff Sale - Ex-Wife to Sell?
Hello Everyone. I got a lead today from a woman who received a judgement for back due Child Support in the State of Texas. It is set to go to Sheriff's Auction in about a month, but she wants to sell it before hand. T...
Felix Ortiz
House Hacking single parent
I am in the process of beginning to analyze deals which will eventually help me land my 1st house hack via a duplex. I am wondering if there are any other single parents who have begun their journey with a child alo...
Alik Levin
Real Estate agent licensed in WA, LLC licensed in another state
Dear all!Looking for clarity on the situation where a Real Estate Agent licensed in one state but reports income as LLC in another state. Key question, does the LLC need to register as a business in the state where Re...
Roger Vi
Renting home to kids, toddlers
Hey for the first time I am renting a home out to a family with 4 kids. Their ages range from 8 months-16 years old. What are some things I should be extra careful about? I am mostly concerned with safety issues. Are ...