Scott Nguyen
Start a LLC for each property
I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?Would it be a better idea to start an...
Jimmie Dickey
Decpreciation Recapture and Capital Gains on a primary converted
First, thank you all for taking the time to answer the questions that come up on here. I know some are repetitive. We may be relocating soon and I don't want to be in this rental market from a couple hundred miles awa...
Travis Lawrence
Recourse for Deed Restrictions Not Disclosed
Hi! I recently closed on a single family in a residential community with an optional HOA (Annual fee is optional to pay). After moving in the HOA informed us of covenants on the property attached to the Deed. The sell...
Mushtaq G.
Tenant refuse to pay rent what are my options
Hi my tenant has stopped paying rent, she says she lost the job and wants to vacate even-though she signed lease for 12 months, can I call the collection agency ? What are my options? Please advise
Steve Maye
Landlord Insurance Question
I have moved and bought a new home. I am going to be renting my previous home out. I need insurance. I have homeowners on my new home, so I called them about insuring the rental property. They are offering somethi...
Dan Hertler
Is SFR Cashflow a Myth?
As I build up my SFR portfolio I am starting to ask myself: “Is the idea of SFR cashflow simply a spreadsheet myth?”The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all...
Nate Wilson
Property Analysis Manchester NH
What does everyone think of this property? it is a 7-unit located in Manchester, NH and is kind of in the ghetto. It is fully occupied; tenant pays the utilities other than two of the units. Two units do need to be re...
Connor Watt
08 crash who caused it?
Why caused the 08 crash. I’ve heard everyone from Bill Clinton to bush to the heads of the banks?
Jack Yen
post closing issue with appliance disappearing
Hi BP experts,
I closed my first long-distance real estate property in Memphis on Sept 27th Friday. We did a walkthrough and all seems fine, appliances were there. For some reason, my real estate agent told me she go...
M. Malik
Upstate NY Lawyer for Collecting Unpaid Rent
We recently took over managing our own properties after a few years of poor mismanagement. During the process of our audits, we found a few long term tenants who were behind on multiple months of rent and were able to...