Jake Belden
Starting an LLC after two properties
In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
Diane Stinebaugh
time to kick them out. Am I right or am I wrong?
Hi everybody! I'm a newbie. bought my first house in February and had it rented May 1st. Late July my tenant sent me a text with a sob story about a fraudulent check he deposited, he wouldn't have the rent on the ...
David T coello
Frustrate with contractors
One of the biggest obstacle in this field has to be the lack of professionalism and work ethics from contractors. I feel that we constantly have to baby sit them and tell them how to do their job the right way, and on...
Edward Debbs
negative cash flow, but not really an investment
Hi all-I have a rental in New Jersey which I've rented out steady for 3 years now to the same family. We actually hadn't intended to rent it out, but we had to move quickly and it was faster than selling it. We have...
Nataly Llanes
The Bookkeeping World
As new investors my husband and I are learning as much as we can get our hands on before taking the plunge into our first rental, hopefully beginning of next year. As we build our team, business plan, and organize...
Robert Freeborn
What will come from Texas Artic Vortex
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
Jared Ryan
LLCs and personal mortgages
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Pedro L.
Siding Contractor No show, refuses to return deposit (Illinois)
A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
Senta J.
Issues with General Contractor
Hi All,I am hoping I can get some advice regarding my situation with the general contractor I hired.My husband and I are doing our first flip and we took 3 months vetting general contractors to make sure we end up wit...
Kamal H.
How much should I ask for off of Rent?
Hello, I am currently working things out with my friend/roomate/landlord to settle and pay rent. So, the crazy thing is that both he and I got lazy and fell far behind on rental payments so I haven't paid anything in ...