Derrick Reyes
CA LLC With a MI Property
I own a CA LLC. If the CA LLC owns a rental property in MI, do I have to register the LLC as a foreign entity doing business in MI? Thanks in advance!
Mary Markov
Best Ways to Set Up Company in Australia
Hi,I was born in Australia, and live here, and have dual citizenship with Europe. I am receiving 3 houses from my parent's estate on the 1st November 2015. I will need to set up a company with my 3 children and we wo...
Alexander V.
CDC Eviction Moratorium - Some Comments and Suggestions
As many of you know, President Trump signed an executive order in August that, in addition to other tasks, required that"The Secretary of Health and Human Services and the Director of CDC shall consider whether any me...
Account Closed
Live in BRRRR
Hey crew, looking to buy a townhouse to live in & remodel then move out & rent it out. I believe the rule in Canada is if you put 5% down you must stay in a residence for at least one year before moving out to...
Sanise Hass
Refinance a conventional loan into commercial?
So I haven’t seen too many questions about this. Has anyone ever refinance a conventional loan into a commercial? Buy a house as primary residence then refinance into commercial loan under an LLC. Can it be done? What...
Heath M.
Starting out soon - primary residence is almost paid off
Plan to start with first rental property soon with a business partner. Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase...
Craig Fitzsimmons
LLC in Minnesota, 5-Plex Not - Any Concerns?
I just had an offer accepted for my first “commercial property,” a 5-plex. My other rentals are duplexes and SFRs, so they’re just under my personal name with an expanded umbrella policy. If I develop an LLC in Minn...
Kate C.
Buying REO owner occupied duplex w/shady tenant
Hi, I wanted your opinion about this deal. We are in the process of buying a Freddy Mac foreclosure. We will occupy one side and rent the other. One side is vacant, and we met the tenant in the other half. He allo...
Barb Niehaus
Can I refuse to rent to someone with a history of bedbugs?
Help! I've been in property management for years but haven't run into this problem until now. I had an applicant whose landlord verification came back showing that she had an infestation of bedbugs and roaches. It was...
William Davidson
Setting Up Legal Entites
Hi BP,
My brother and I lost our father a couple years back. He left us some amount of money, and we already have one deal in California that is bought outright. We are looking to invest in Arizona, since it is close...