Karen Moysi
Rental Lease Language That Gets Bad Tennant Out
Living next door to a drug infested apartment complex. Would love to help out property manager screen and evict his troubled tenants. Anyone have any advice on the best way to monitor the rental unit to make sure they...
Rollin Buffington
LLC Listed on Mortgage, but not Title
Hey all,Just had a quick question. We recently moved a property into our LLC from a business partners personal loan. We had no problems at all and the bank was happy to do so with no issue. Does the Title now need to ...
Robert D.
chicago demo court
Do you have any experiences with Chicago demo court ? I have a property that's a good material for flip…but I would like to find out if the demo court is really tough to work with. Basically I would not like the situa...
Christopher Kolasa
Asset protection as an owner-occupied landlord in Connecticut
How can I protect my assets, I am owner occupying a duplex in Middletown, Connecticut. I currently live in the first unit with a roommate and have tenants upstairs, Unit 2. I plan to officially move out so my roommate...
Bennett Dickerson
A Clarification About Cash on Cash Returns
I am just starting out and one of the first articles I have read in-depth was about cash on cash returns. The concept and calculation makes sense but I have one clarification.I was doing some calculations of my own, u...
Suzanne HAINER
how to structure new RE biz-to use funds from solo 401k-LLC or S corp?
Hello! My sister and I are starting a real estate investment business which will initially be funded with our self directed solo 401k's and regular savings. Our goal will be to buy and sell to flippers or buy and fl...
Whit Bowersox
Bank REO with liens (code violations) and what to expect
I am going to inspect an REO tomorrow that the listing agent listed having liens. The property is in rough shape, (roof falling in, looks like it hasn't been maintained in years) so until I find out what the liens a...
Dennis Nemitz
$300 Cash Flow
I am looking at a property that will have $1300 per month in expenses and gets $1600 in rent from established renters. There will be significant room to move on rent in the current market, but I will only want to rais...
Joe Johnson
Commercial Loan Qualification Issue and Tax Returns
Do you have to report all maintenance expenses on a duplex or apartment building on your tax return? I understand I would pay more taxes if I did not report all the expenses. However, my DTI looks better for qualify...
Daniel Wolz
LLC Accounting & Taxes
Hello!I purchased my first property a few years ago into an LLC, and have acquired a few more within the LLC since. I want to make sure that I am doing everything right to protect the limited liability status of the L...