What happens in the case for a CA rental where the tenant signed a one year lease and then a few months later, broke the lease and moved out without giving a written 30 day notice (we only found out when another landl...
I keep finding these buy/hold opportunities where the seller or my agent tells me something like this: 'The current tenants are only paying $650, because they have been there a long time, but in this neighborhood, yo...
Hello all, I'd like to know what would be considered "good" terms on a private money loan.I am in contact with a hard money lender who's terms are 9.75% interest and a 1.75% fee. Do you get considerably better terms w...
Hi All,My tenant lives in a nice 3/2 with her husband and daughter and wants to move her elderly mother into the third bedroom, as she's not satisfied with the care she's getting at another facility. Mom would go to o...
Of the several property mangers I have there are 2 that do 1099's differently.
One manages 2 properties and does not issue a 1099. Annually I ask and annually they tell me that their owners just use the income from t...
My Super and I haven't been getting along lately. He's helps me manage a 6 family multi and he occupies one of the units with his 2 kids. I'm trying to decide whether we should go our separate ways or if I just need...
Hi yall, I just finised reading my first REI book "Rich Dad, Poor Dad" and i feel like i need to take action. Here is my first assignment. I have some family members who collectively have about 10-15k available to inv...
So I just signed a lease with a tenant for my property. The house is a converted single family house with the first and second floor being separate units. I am relocating from the area and thought it would be nice to ...
I'm currently in progress on finalizing a contract on a SFH that is currently being rented out by the room.
Right now there are 7 tenants all living in a single-family house. The house is in need of some TLC and I'm ...
Any recommendations here on what the best LLC structure is? I've heard of single LLC, series LLC, LLC with individual land or revokable trusts for each property within an LLC & even an LLC for each property. Every...