HiMy current rent is $650. It's a room in a 2 Bedroom house in Winnipeg, Canada.In 3 Months I'll be married and move to a separate house.Any decent 2 Bedroom house will cost CAD$1200/month including utilities (maybe m...
Hi all,I'm trying to decide what the "best" business entity and/or strategy would be to purchase rental property? I have saved up the funds I need to buy my first SF rental property and want to know what is the best w...
So we will be closing on 2 duplexes on 9/18. I financed one duplex on my own and took on a partner for 50% of another (he will be paying cash for the full duplex). My lawyer suggested tenant in common approach for t...
I'm taking steps to buy my first rental property and I'm wondering if forming an LLC is worth it considering everything that I'd be protecting under the company would be protected with a good insurance policy. Acciden...
All you hear and read about llc's is that they protect your personal assets if your llc gets sued and things go above your insurance limits. So the slip and fall plaintiff can't get to your house, personal assets, e...
I have a question, yet may not have enough information. My wife's grandmother has property (here in California, in the desert) that she owns free, not exactly clear (tax issues). She is willing to sell the property in...
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...
Received this today from a tenant who has been a few days late in the past. I've been gracious. I moved their due date to the 15th so they didn't have to pay a late fee because they were always late. Today is the 2...