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Hi, I am a new investor looking forward eventually to my first investment property. As such there are a bazillion things spinning in my head that I need to be educated on. One topic in the back of my mind is the landl...
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Ordinance in Cleveland makes it a first degree misdemeanor to buy property in an LLC without registering the LLC to do business in Ohio. Know of an LLC that just got convicted on two counts. $500 fine for each count...
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I've set up a Wyoming LLC that will be THE Member of a California LLC (yet to be set up),The California LLC will have a rental property, with income and expenses like a regular business,OK, so California LLC looks leg...
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Can you paste your repairs and alterations clause here...I need to write into the contract to protect myself from future tenants hiring inspectors or professionals to do stupid tests.How should I beef up my current re...
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I am a newbie in RE investing. I've been researching, reading and listening to BP podcasts. I am planning to buy rental properties out of state. But my research stopped at forming LLCs. Opening a separate out-of-state...
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My brother and I are embarking upon a RE business, initially fix n flips to grow the cash base, with the view to buy and hold down the line.He is based in the UK and will be supplying the capital(his) to finance the p...
I would be super grateful for your thoughts, advice I essentially need to refinance and get a home equity loan, but I am wondering about the best way to go about doing it:Situation: I have a 3-unit property with a mon...
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I just put my current house (call it 18118) up for rent and am receiving applications from prospective tenants. I have a mortgage on the house in my personal name as it is currently my personal residence. I am moving ...
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Hi everyone!Newbie here, I currently own a single family home as my primary residence in TX. I received a promotion at work which now requires me to move to a different city in TX.I have a FHA loan on the property and...
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I have a new vacation rental in the usvi. Has anyone formed an LLC for a Virgin Islands vacation rental property? The online form is letting me enter my Florida mailing address but says the registered agent must resid...