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I've had thoughts of one day turning my current primary home into a rental. However, it does have a pool. I do have child proof gates installed. My question/concern is around the liability of renting out a house with ...
I purchased a multi-family property in Framingham, MA recently. I need the services of an attorney who is well versed in 30 day notices to quit/vacate and possibly evictions (in the COVID era) should it come to that....
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In the last 5 years, we've been sued in civil court 4 times for wrongful foreclosure for non-judicial foreclosures. These have all been meritless lawsuits meant to stop a foreclosure sale. In judicial foreclosure stat...
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Hi All – I know another DF question. I looked and cannot find a thread with this questions. So please have some patience and provide what you know about the following strategy. I'm considering the hard money lending b...
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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...
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My former boss and I have discussed partnering on flips. He has extensive experience with hotels and renovations. I have run numbers for LTRs on a set of duplexes that seem to cash flow well. I'd like to bring him in ...
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Should I get a lawyer if I want to Wholesale? Why or why not should I get one? And How much would the cost be?
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I recently formed an LLC for property management, as I intend to get into the business of STR arbitrage. I'm also looking to expand my investor portfolio, and recently turned my home into a rental. The lease agreement...
For those of you who's primary residency became a rental and the mortgage is still in your personal name, what are your thoughts on transferring the property to an LLC vs just having good insurance in place? Ideally i...
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Ten yrs ago I was in financial ruin and filed bankruptcy and I lost two rentals in the bankruptcy. It took me a decade to claw myself back but I now have a good job, rebuilt my credit, and also managed to keep my pri...