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Hey everyone, A tenant in one of my properties wants to open a daycare in a rental i own in Garland, TX. Has anyone ever done this? What do I need to protect myself from liability? I assume I should make her incorpora...
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Hello!I am a 21 yr old college student and have been very interested in REI for a few years now. I have listened to both BP podcasts for a while, as well as some books and other resources for some background knowledge...
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My wife and I just put our first rental property (condo) into our LLC with the expectation of finding and buying a new property to purchase with help from the proceeds from a 1031 exchange of the rental condo. We are ...
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Fact.The US government is totally bankrupt, Social Security is running out of money, and that the Federal Reserve is rapidly engineering its own insolvency.How do we find value to soften the impact?How do we make bett...
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I currently live in Houston tx and was wondering what are the best places to House hack. I am looking mainly in texas and you're welcome to list cities in other states as well
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Hi, My wife and I currently have 1 rental property (condo) and plan to do at least 2 flips this year. Should we be incorporating each of these individually and then add them to a holding company, or keep them separate...
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Hello All,
Has anyone here from Illinois ever run group homes? Within the next 6-12 months, I want to find properties, flip them and make them group homes. I've heard that people can fix and flip homes and donate the...
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Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
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Hello all,Here's a question to you small multi family landlords that have properties with a shared yard. Specifically, what is your policy on its use as well as the use of tenants' items therein?Some context...I have...
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I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.