Andrew P.
Best and Easiest business structure
Hi All! What is the easiest way to set up a company that limits liability? There are many different methods and people talk about a lot of different things here. The most common answer is to have a LLC for each house ...
Owen Schwaegerle
Do you ever purchase a property subject to with negative cash flow?
Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
Lee S.
LLC online formation recomendations
Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
Jacob Munson
Benefits of an LLC when starting out
Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
Ed L.
Late fees included in eviction notice?
Somewhat of a follow up to my question last night. My lease agreements dictate a $20 late fee for rent received after the 5th and then $5 per day for any rent received after the 10th. I have a couple tenants that ar...
Jennifer Van vlymen
Investment property in LLC
We have a four complex investment and Have been told it’s best to put it into an LLC but in California it’s taxes/cost are Outrageous our main focus for that was to protect it from lawsuits ...are there any other ways...
Dustin B.
Eviction Moratorium Question
Good Afternoon BP,
Have (an inherited) tenant behind on August's rent by $175. This tenant also did not pay for September's rent for $875. We sent out the 5 day right to cure on Thursday 9/3, so we would be looking t...
Account Closed
Evict vs collections?
Hi everyone! We have two properties in IN. In one property, the tenant wasn’t paying rent and upon inspection by the PM, the property had significant damage, so we asked them to move out and their account was put int...
Erin O'Connor Smith
Served 3-day notice to perform or quit, now what?
Two tenants who are roommates have always been argumentative and difficult with me about following rules. I discovered they moved in two new roommates, a couple, under the radar a month ago.
I agreed to screen the c...
Joseph Taylor
Starting an LLC in Wyoming, While Investing in California
Hello All.I’m going to start an LLC to buy an investment property in San Diego,CA. I need an LLC for access to funding (hard money or otherwise?) and I’ve been told starting an LLC in Wyoming is beneficial. As state...