Chris Sickler
Do I separate LLC for both my flipping & rental buisness?
I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
Paul Fagot
LLC for first time flipper?
Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand? Or is it just better to have it in general?
Tracey B.
Limiting management of 100 door apartment complex
I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...
Michael Klinger
Multi-family 1031 Chicken? Egg? Conundrum?
Sold commercial office. Now in a 1031.I have a few weeks left on my identify period. After years to think about it, I have just a few weeks to get a deal in place.The years of thinking about it process, strongly persu...
Samuel Eddinger
Have you ever had to deal with a fair housing violation claim?
To summarize this long post, it is a fair housing violation for landlords to actually be conscious of the source of income type when making a decision to rent a property but once it is rented, we better recognize imme...
Carol Venolia
What's my responsibility in regard to mice in my rental house?
Hello,I have a tenant family in a freestanding house in a semi-rural area. She texted me last night to say that they'd caught 4 mice in the house recently and she doesn't want mice surprising them or their two young b...
Mike Rash
Buy a NOTE to aquire a PROPERTY
I am interested in a property that is going through pre-foreclosure for the past year... Here are the FACTS:
1. Property was purchased in 2006 for 450k.
2. The owner took 3 mortgages: 1st - 350k, 2nd 100k, and 3rd...
Account Closed
Trustee Sale Insanity
Recently, I held a $35k 2nd against a house in East Palo Alto CA that had a $230k (+ over $20k arrears) 1st. I estimated the house to be worth somewhere in the low $300k's, Zillow has it today at $373k, eappraisal...
Cameron Jarrett
Tenant Waiving Pet Fees
Hey Everyone! Hope all had a great holidays! I have not posted in a long time, mostly because Everything has been pretty smooth Land lording. I have currently invested for 6 years and acquired several rental units. I ...
Joe Geist
"we dont lend to LLC"
hello BPI have saved those hard earned dollars and my wife and i are ready to get our first rental property. In performing my research and attempting to get my team lined up i have started calling banks to inquire abo...