Real estate investing is a team sport. No, not in the way you think. I am not talking about partners in your syndicate, LLC, general partnership, S Corporation or investment club. I am talking about the professionals ...
I just bought a property that doesn't have a driveway and is off of a main road. The property between the road and my house is owned by the city. The past tenants have been parking in a vacant lot next to mine. The p...
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Ive asked this question a bunch of times, and get very different answers (from people I meet). We both know when we buy our first (or first couple) properties, they will have to be in our names. My question is, h...
A friend of mine has a 4-plex under contract and I'm thinking about buying it. Can I put her contract under contract so I can do my due dilligence on it? Would that work? Or would it be better to structure it in a dif...
Hello everyone! Looking for advice from someone with landlording experience in Wisconsin...I FINALLY got my 1st 2 duplexes, each were 1/2 occupied with long term tenants. As my luck would have it, a month after clos...
Where do you put your "shared" expenses on a Schedule E? I have four rental properties, and there are some costs shared between them. For instance, an umbrella insurance policy, supplies, PO box rental expenses, trave...
I understand the concept of putting in 100 offers In a month then ten might go into negotiations and 1 might be purchased. What I'm unclear of is if I'm a new investor how do I do that but protect myself from getting ...
I plan on doing a mailing with postcards. I have done the hand written letter in the past. This will be my first postcard mailing. Here are some things I was wondering.1. Should I use my name or my company name on the...
Hey all,I am wanting to put my lot under seller finance. Its located in Washington state. which way is the safest bet? Contract for deed, or 1st lien. I have a buyer looking at it, but what steps would you take ...