Jay Hinrichs
national rent control
did anyone catch Prez Bidens comments on how he wants to pass a national rent control at 5% max rent raise ?? my worry is there will be other stips in that if it was to pass.. Or do you all think its just pandering to...
Giedrius C.
Passive investor in flipping and self employment tax
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Edward Mccracken
Background checks
Most counties have public back ground checks, I think. Meaning, I can type your name in a counties database and if you have been arrested before I can if you have been arrested and for what. I know there are backgr...
Edita D.
Protection of your personal assets: LLC or increase insurance?
WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...
Chad Hurin
Forming partnership of 6-10 people
Forming partnership of 7-10 people...(closer to 6-7)So a few colleagues of mine are interested in pooling money every month to form a buy-&-hold rental company that would buy rental properties every few months. Th...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Andy M.
My SD IRA custodian just stole my money! **need advice**
Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missi...
Colleen F.
dis-incentives/ fines for bad behavior
Ok there are late fees and buyout the lease clauses. We even have a fee associated with a citation for our student rentals but what other fines/fees/disincentives can you enforce? I have a tenant , thankfully she ...
Mike Franco
tenant 'cleaned' carpet herself. Would you charge for a pro?
I just love when tenants get all hostile when it's time to move out and their security deposit is on the line.
Would you charge for carpet cleaning in this case?
Tenant lived in the house for 4 whole years. I know t...
Franklin Marte
Is it worth it to buy a cheap Class “C” building and renovate?
I saw an apartment building down in Tampa that has 9 units it’s worth $550,000 and it has a cap rate of 11.79% which seems pretty high to me and it looks like a good investment. I’m new to this I don’t know much. I k...