Hello-I suffer from a de-generative spinal disease and most likely will be receiving a federal disability in the future. I live in NC. Is it possible to have an entity for investment purposes if I am not drawing a sa...
I always enjoy reading the passion, creativity and energy a lot of people have on here but I don't often read about the downside risk that is very real in REI. I was just curious - how many people do a risk management...
Got in contact with an owner as I was doing a driving for dollars. House was vacant so got number through neighbors. House is a newer home 1568 sq ft. 3bdrm 2bath 2car garage built in 2007. Guy has not paid since May ...
I am considering buying a duplex with 10 cap and will be inheriting a tenant who is almost 3 months behind on rent and has history of prior eviction. Current landlord owns the duplex and does not carry any insurance. ...
Hello All,I am purchasing my very first rental. I am excited and I am sure I will have more questions in the near future for you seasoned landlords. The house that I am buying currently does not have a sprinkler sys...
I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
I'm buying a property out of state. The current owner has no lease with the current tenants. He has done no background check, no credit check. He manages the property himself and collects rent in person. The tenants t...
Hello everyone. I have an apartment for rent now, and I have a caller asking me how many adults I'd allow in this apartment (loaded question). He said it was he, his girlfriend, his sister, and his cousin I think...
I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.
We often see discussions whether investors should use an LLC or an u...