I have this posted ina different category but didn't get any anwers. Trying my luck here. I have come to find it very controversial for investors who would like to buy under valued asset, renovate, and raise rent, on ...
On June 10th aka last week, I secured a new tenant for my really nice, 3bdrm house in a B+ neighborhood. She is a woman in her late 50s/early 60s who has (long term, temporary) custody of her 3 grandchildren (ages 14...
I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...
I rented out a 3 bedroom, 2 bath house to a family with two adults and two children. The just sent me a text asking if they can take in foster kids. I never dealt with something like that before. The contract says ...
Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
Today a woman, her mother and 5-year old daughter viewed my small two-bedroom condo that I have listed for annual rental. The woman is looking for a place for herself and her two children (son is 2 years old). She i...
Nice A class property in a great location. Part of HOA. Priced slightly below the market.
Prospective tenants: Completely tatted nurse, her boyfriend who has "his own business making lots of money" and his 3 children...
Can't evict... Do I call CPS? Do I call the health department? Or do I offer to give them their money back if they leave as my lawyer advised? All of the above? I have a duplex with a tenant one on side who is livin...
Purchased parcel of land and have received warranty deeds back from survivors of the original owner (mother who is deceased). Original and children live out of state and the children never open probate in the state wh...
I got this application. I can’t imagine an adoption subsidy that is $10k per month. Can I ask for proof? A few other red flags but this is the main one. It puts this applicant at 6.7x rent. Rent is $2150.