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I Am looking to invest in property that will not be my primary home. I know an LLC is the safe way to go. My question is, should an Attorney be sought to create the LLC?. I saw an Attorney and if I move forward the ...
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I’m considering hiring a comission only employee and wanted feedback from anyone else who has done this? What type of pay structure did you set up? How difficult was it to find someone? Any other details would be g...
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Hi, everyone!This is my first post on BP, so hopefully I'm doing this right.I've browsed the forums, listened to a ton of podcasts, and have done a lot of research, but I don't have a good answer for this one. I'm lo...
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I have an upcoming property sale and I was planning to do a 1031 exchange with it.The property being sold was a development project, which I was never able to finish. The property has never been rented during my cours...
I currently own and live in a two family row home. I live in one unit and rent out the unit. I report the rental income on schedule E on my personal 1040 along with applicable expenses (ie 50% of the yearly property t...
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I'm hunting for a local bank to refinance the balance I have on my HELOC and 401K that I used to purchase my 1st rental property and renovate it. The estimated market value is $165K and I have $130K outstanding betwee...
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Hello,
Does anyone have experience enforcing a PA via arbitration or law suit for specific performance? Wondering if arbitration is the way to go? Seller backed out of the deal last minute leaving me high and dry af...
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My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...
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For a military veteran who's a new investor looking to purchase their first multifamily property to house-hack, does it make more sense to just get an umbrella insurance policy with VA financing (since you have to pur...
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Investment Info:
Townhouse buy & hold investment in San Diego.
1,521 square foot condo with 3 bedrooms and 2 bathrooms. ** Inherited property**