Louis Van Der Westhuizen
Using an LLC to acquire RE when the LLC has no credit history?
Hello fellow investors, my question today relates to the use of an LLC for beginner investors. I understand the value of using an LLC to protect myself from personal liability, but here is what I am struggling to get ...
Henry Le
How to switch utility bills over to tenants?
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
Maximilian Benjamin
Self employment tax with property in LLC
Sorry for the long post but I thought this was an interesting email conversation...
...which ensued when I began discussing with my CPA about future expansion and what I ultimately want to do with regards to real est...
T.C. Smith
HOA Responsibilities CC&R
Where in the CC&R can I find what I'm responsible for and what the HOA is responsible for? Reading the CC&R is like reading legal docs.
the issue:
I have a condo. 3 units per building. I own 1 unit. There i...
Ron Johnson
Absentee Landlord Legal Issues
I currently live in California, I'm a licensed Broker in California, but not currently practicing real estate. I own 3 properties in Colorado that have been managed for over 20 years by someone who recently passed....
Thom Ruley
Columbus OH - water options
I would like to know what my options are to make sure tenants in a duplex are actually paying their water bills. Ideally, I would like to have each unit get a connection metered by the city, but is that even possible?...
Henley H.
Lease signed in business name or personal name?
We have a business interested in leasing a property for an employee of theirs- How should we ask them to sign the lease? One of the owners of the business will probably be signing the lease- Should we have them sign i...
Ravi P.
Tenant screening- Income 3x Rent
I have a tenant vacating a unit and have listed it for rent. I'm running g into an issue Io haven't run across yet. I am getting a lot of inquiries from section 8 and self-employed individuals. Ok m not sure how to sc...
Alexander Crocker
Apply For Heloc Jointly With Spouse or Individually
Hello all,I have applied for a 85% LTV HELOC from PenFed Credit Union on a 4-unit multi family that I owner-occupy. I plan on using the HELOC as short term debt towards purchasing/renovating more real estate. After th...
Eric Kissinger
Proper etiquette as first time home buyer to real estate agent
I understand that in most cases the seller pays the real estate agent. I still wonder, is there and proper action as a first time home buyer when the agent is showing you properties? A gift? Or is simply buying a prop...