Heather Watkins
State LLCs go in a WY holding LLC. How does the purchase process look from there?
Hi everyone!I have set up a holding LLC in WY and plan to put my CA and TX entities within the holding LLC. My question is, how does the process then become for buying properties in your state LLCs? Usually, the title...
David Felt
Water Damage - Washer and discharge hose
Hey All - One of my tenants ran a load of laundry and forgot to put the disscharge hose in the utility sink for when the wash drains. Instead when the washer drained water went everyone. There was water in the utility...
Frank Barletta
Houston: Gross Weather, Lovely Investing
A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.
Now, I'm a big fan of Texas, but the first thing I said to him was that the weather is HORRENDOUS. Anythin...
Rohan J.
Would you buy a single family that was converted into a 5-plex??
I'm considering purchasing a 5-plex in Blue Springs, MO (a very nice neighborhood near KC Metro) because the neighborhood and deal look great, but I still have quite a bit of concerns that are preventing me from makin...
Brandon Schlichter
What would you put in a rental?
I just purchased a home that will be used in a rental property.
It's stripped down to almost nothing and needs to be rebuilt, structure is in decent shape, but the kitchen/baths ect all need redone, electrical and p...
Stephen Shelton
Utility denying responsibility for electrical problem
Recently I got a call from a tenant stating that the electric was going crazy in her house. Lights were extra bright, shutting off the breaker to the fridge caused lights to flicker, and some bulbs burnt out while I ...
Joseph Hernandez
Blind HUD-1 Using a mortgage loan
Helly everyone. In California, can a wholesaler use a blind HUD-1 with the end buyer utilizing a mortgage loan? If not, how can I prevent the buyer from seeing my wholesale fee ( I don't want to do a double close). Th...
N/A N/A
Landlord pays heat and hotwater
I have always read that you should never take over a rental property where the landlord/owner pays the heat & hotwater. What has the experience on the board been?? Has anyone ever taken over a small multi-family...
Aksel A.
Managing Utilities for Owner Occupants of Multi-Families
Greetings dear Owner Occupants of residential multi-family properties, or as Brandon diligently popularized, put "House Hackers".This topic aims to answer the question on how to most easily manage utilities when you a...
Ben Freiman
Tenant Pay for Water/Sewer?
So I live in Columbus OH and our water/sewer is invoiced on a quarterly basis and the price for a 2000 sq ft home is about $100 per month or $300 per quarter. My question is, do most people have the tenant pay for wat...