Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
Curious to the group’s ideas and procedures about renting to tenants with pit bulls. We have a vacancy and some prospective tenants applied but have pit bulls. I’m curious how others handle this, and if they rent but ...
In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
I bought my first tax liens last year with 1 year redemption. I went to look at the properties today to make sure they were in good condition and discovered one had burned down. Has anyone else had a similar experienc...
Hi!
Just wanted to know if self-showings are the trend or popular way of showing rental properties now? Ex: Rently etc. I wanted to get your insight if you either use this method or know your property manager uses i...
Hi BP community, I am based in the Atlanta area. I am very excited to join this community and can't wait to get started on investing! I would like to invest in 1 - 2 rental properties this year and would love to hear ...
Hi everyone,
My father recently gifted me the house I grew up in, and I found out that there is no insurance on it. I am trying to figure out what type of insurance to get given that I am currently living in it but...
Hesitant to beat a dead horse, but maybe you're like me, steal struggling with the decision of starting an LLC or not. I'm still weighing my options and have not made a decision. However, from a liability standpoint ...
Plan to start with first rental property soon with a business partner. Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase...
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...