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Sorry, newbie question! I'm purchasing several properties and I would like to set them up as lease options and hire a management company to manage them. I'm wondering though, if I market them as lease option/rent to o...
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In the past, I have only collected rent by money orders. Last month a tenant asked me if they could pay through Venmo. Is there any reason why I should not let tenants pay through Venmo?
I have tried to collect th...
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Without getting to far into the weeds...I had to file bankruptcy (chap 13) in 2015, in which I surrendered a mortgage. Fast fwd. to today. I am 7 months out from discharge and preparing to re-establish bmyself and mak...
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My wife and I recently started our real estate investing journey, and we have decided that we are going to house hack. I talked to my father about our plans to house hack, who happens to be a property lawyer ( how con...
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Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
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I know it's very common to buy a property in your own name and then transfer it into your LLC through a quitclaim deed. But this also means that the title of the property technically changes hands - even though it's y...
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If I have a LLC I'm using for flips & wholesaling, I need to advertise to find my deals. The business has sponsored my Solo 401k.I want to buy rentals in the Solo 401k but I'm concerned that the IRS might see the ...
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My tenant's lease is expiring in two months and I would not like the renew the lease and hoping to move in there... The property is in San Joaquin county CA.
My Property Manager sent me a 'Notice of Termination of Te...
Hello. So friends of the family are in the ministry and are in the process of buying a commercial business and using it as a church. I've done some research and have discovered that churches are exempt from paying p...
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I'm looking at a multifamily 4 unit with a "bonus" basement unit in Illinois. Cash flow wise, it only really makes sense to do the deal with that bonus units cashflow contribution. Are there issues that could come u...