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I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...
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I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
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Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...
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Greetings. Just purchased my first Triplex and it came with tenants. I didn’t meet them during the home buying process. What’s the best way to introduce myself? Should I simply knock on their door? Should I write a l...
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I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
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I'm going to start doing buy/rehab/sell deals with a money partner. We'll be 50/50 profits and losses. The purchase and rehab will be funded 100% from his money. I will be doing all of the finding and project manag...
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I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...
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* moved from DIY forum... *Quick facts: Small house, approximately 900 sq ft. New roof. Baseboard heat. Dry crawlspace. New plumbing with no leaks. I purchased it earlier this year after it had been empty for ...
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My contractor has gone above and beyond on overages, both time and cost. Now he's demanding I pay his subs that I already paid him for, or he won't call for final inspections. I've had enough of him. Is there any way ...