I May my one of my parents tenants in Compton, Ca caused a fire in one of their units which caused fire damage to their unit and water damage to the lower unit and adjacent unit. The fire departments report determine...
I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
I have only bought and sold a few houses over the years! Bought a business a few years ago and have done well with it. 90% passive for me, while helping son in law provide better for my daughter! Finally have some cas...
I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
Hi All,We own a triplex in a Chicago suburb that has 4 parking spaces in the rear that are accessed by a common driveway. One of the tenants keeps parking their car in the driveway for any length of time, sometimes ov...
I'm in the learning phase before buying my first rental. I'm thinking I will do a fourplex, owner occupied. I've found a target neighborhood where the numbers (1% rule, 50% rule) seem to work and the tenants are des...
Hi BP -- I am a full-time employee and recently started investing in real estate on the side. I am considering getting a real estate license primarily to avoid commissions when I buy and sell future properties. But ha...
hey guys, been reading and lurking for a little while.
My question is and i did search, is it possible to wholesale while out of country on a deployment. I have internet and some limited phone access. Remember I'm...
In general who is responsible for being available to let in contractors for maintenance on a rental property, the tenant or landlord ?My husband and I usually schedule maintenance for a day I am available if we are me...
Hello everyone,I wanted to share my ideas with you and ask for your advice and any ideas or thoughts.I currently own 3 apartments in a 55+ community in Florida where every year many snowbirds come during winter to spe...