I know (or believe) that there are laws in place to protect a tenant's lease in the event of foreclosure. I looked at a property today that is being auctioned online. The tenant told me that she paid her landlord 6 ...
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
Sorry if this is already a topic somewhere but I want to purchase my first rental property but do it under an LLC. I currently have an LLC in Oregon but its unrelated to real estate. My question is can I obtain my f...
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Hi - We've done 3 full remodels that we've lived in and now putting in offer for first remodel. Hard money loan to LLC. As we have our own crew, we are hiring our guys on the books for liability and so we can show pro...
Hi Team! Hope everyone enjoyed the holidays.
Okay, this has been covered to some extent at length, but it’s been difficult to decipher the exact information I’m looking for. I hope this can be helpful for other peopl...
I am working on a new planned development to build multi-family Condo's. Should I use a cash out refinance on my existing rentals for the down payment on the 1st commercial loan, or should I let the commercial lender ...
Hey folks,How do you recommend I vet my property manager?My situation is complicated by the fact that I’m an out of state investor. For example, I need to know that the new water heater actually got installed but I ca...
I have a home I am selling and its a short sale that was just recently approved by the bank after 5 months of working on it. The buyer submitted his application in January for the HOA association and yesterday I rece...
How is it going this poorly already?Ok so here's the backstory. I went under contract a month ago and began my search (armed with BP advice) on the questions to ask to find a great manager. I chose the ppty manager ...