My tenant contacted me today asking if theres a way I can upgrade one of the outlets in the garage to a 220volt. My panel is 200amp. He wants to purchase welding equipment. I dont know how it would work as far as liab...
Does anyone have any experience dealing with sinkhole properties, either repaired or unrepaired? I'm new to Florida (about a year and a half), and I moved to Hernando County, not really knowing anything about the are...
I am in the process of loaning my brother money in regards to a partnership between us to purchase rental property. I would like to have a NOTE in place at the minimum APR just so we have something on file should I wa...
I posted my introduction on another thread (http://www.biggerpockets.com/forums/55/topics/227341-new-from-south-florida-ft-lauderdale-b4-in-nj-union-county?page=1#p1506081) and thanks for all who replied. My employer ...
Hello everyone. I've been reading on biggerpockets for a while but have rarely posted anything before. Thought I would finally ask for some advice. If you can help, I would appreciate it. First off, I have some multip...
I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
As we all know Cannabis became legal in Canada few weeks ago and tenants are allowed to have a small grow up (up to 5 plants if I am not mistaken) How are you handling it to make sure things don’t get out of control w...
I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...
I have heard getting an LLC and EIN to manage my first rental as a business was good. But an experienced friend just told me that it is actually better to get Umbrella Insurance because if set up as an LLC I can still...
I live in NJ,d and I am buying a house in Michigan for a SFR. Do I start an LLC in Michigan? Do I use a NJ LLC?