I am thinking of forming an LLC. My sister and I are trying to get into REI. We want to do small rentals (multifamily homes) and flipping as well. We are in upsate New York. I am hoping an LLC will help with loans. My...

I have been doing flips and rentals for 10 years and I am now going through my first lawsuit. The buyers of a house we flipped in 2018 are suing me personally, my LLC, my wife who was my agent, My wifes broker, their ...

A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.

Not only do members need to have an Operating Agreement but the corporation needs to be maintained.

Min...

I was wondering if anyone could give me advice on what to do regarding my underwater mortgage. I understand I have a bunch of options but I'm not sure which one is best. I am a teacher; my wife is unable to find a f...

Hi! I'm a new landlord. My first tenant wants to put his refrigerator in the garage, but the outlet can't handle the load and it keeps tripping. He wants me to pay for an electrician to come and fix it. I don't feel l...

Are attorney fees refundable for eviction if the tenant moves out or pays rent before the court date? I'm in New Jersey (very tenant friendly state) where you have to file an eviction through an attorney if the proper...

Hey guys,

I am still a newbie so I apologize in advance if this isn't a very intelligent question.

I am looking at a potential property with price say $600k (3 plex , 4000 sq ft MF) and asked my realtor...

Pardon the interruption but I wanted to pose a question to my BP brethren.  I've searched high and low for an answer but could only find related topics on maintaining the external presence of a property.  My wife and ...

Does anyone in these forums truly understand the benefits of having C-Corps and utilizing the UCC-1 form? I have just been told some very intriguing information and I would love to discuss it with someone further. P...

Hi y'all! So my husband and I are going back and forth on this... one of our tenants uses her front porch area as storage. It is a MESS and is very unsightly. My husband wants to write her an official letter demanding...