What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
Not sure if I should still invest in a multifamily by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants from being evicted right away in 2-3 months like you can in PA or CT..My Fe...
Just thought I’d write a few words as a counterpoint to the trending post.I own and self-manage 5 properties. I have had rent collection issues but never had to evict anyone, nor have I lost even a month’s rent. But...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
Airbnb has announced a two-year pilot program in Oregon that eliminates guest names and photos from host screening as a way to see if it combats illegal anti-black discrimination. Airbnb to limit use of travelers' na...
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...