Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
Shiloh Lundahl
How hard would you be willing to work for a million dollars?
When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...
Stephen Michle
Setting up your real estate business
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
John Ignacz
Lease/Eviction question
Hi Everyone,
I'm closing on a townhome(In FL) that already has a tenant in place.
12 mnth lease with about 6 months left on it.
I'm being told that the tenant pays about 10 days late each month but she does pay the la...
Jeff N.
Tenant kids causing increased wear on unit
One of my rentals has a couple with three kids. When I visit to make repairs I have been noticing the stains and wear from three kids running around my unit all day. Any suggestions on how to mitigate the wear on the ...
Jarrod Weaver
Foreclosure Home Brew
I have been trying to purchase a property that has been stuck in foreclosure limbo for a couple of years. The owners are deceased, the children didn't want anything to do with it and the bank holding the note wasn't t...
Angie W.
How to deny an applicant based on gut feeling
So glad to have found this site! We purchased our first rental property 3 years ago and have learned some valuable things along the way. It was not a horrible experience (otherwise I would be selling instead of vis...
Megan M Robinson
New tenants complain about everything and threaten
Hi everyone! This is my first post here. I searched the forum and couldn't find anything just like this.. My husband and I are on our third rental and we have had great tenants so far. We recently purchased a duplex, ...
Karen Rivera
Issue with a Deed
I am helping a friend with a property his mother has some investment in. His mother took over the payments of the property taxes of her sister's house after her sister passed away about 30 years ago. The mother has co...
Paul Clemens
Advice for next steps
Hello all,
I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest r...