Brandon Elliott-Pandey
BEST Assets protection EVER!!!!
Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...
Will Baker
Newish Landlord Questions
I'm currently leasing out my 2 bed/2.5 bath town home in a really nice area to my current tenants for a base rent of $950. I'm assuming they will not resign another lease because this will be the third resign should t...
Scott Walters
Constant Work Orders After New Tenants Move In
I would like to get some observations on this. I had a new tenant movie in about a month and a half ago. They rented sight unseen. PM's handyman goes through the property inspection checklist in between tenants to inc...
Michelle Chowan
Owner Financing mixed with wholesaling?
I am an extreme NEWBIE! Haven't landed a deal yet. I am currently working on writing a letter to send to vacant properties or their relatives, and I ran across a template that I have a question about.The template read...
Kim Lutes
NDLS Corp
Does anyone have any experience with this company and Ken Vesely, the managing partner? I was a little surprised at him this morning. They are charging 20% interest and 13 points and he was a little rude when I s...
Bryan Crow
Managing the Manager... Property Manager questions
My property manager states in his contract that I can terminate our agreement by written notice anytime with a 60 day notice and a payment equal to 2 months rent. This seems excessive. A previous company I dealt with ...
Jon Jones
Owning and LLC that owns the property I live in
Question:
Since I don’t want to put a bunch of money into a nice farmhouse like my wife wants because it will be a liability that We won’t have the time to maintain, can I do this:
Start an LLC specifically to put a...
Violeta Skarpeta
What is a normal water bill for 4 adults (Pittsburgh, PA)
My bill was $120 with 2 people, it went up to $160 when 2 more people moved in. Now it's suddenly $240... Should I investigate a leak or could it really be consumption (like tenants had guests, taps were left dripping...
Adam White
Duplex profit question
I'm looking at a duplex in york, sc and I'm not sure what kind of profit percentages are good in this area so any advice from someone who has experience in this market would help me a great deal.
Bob Bates
Management software recommendations
Any recommendation for a good preferably open source rental management software that primarily handles back end accounting? I've used Quickbooks for years but it isn't really tailored for rentals and has become very ...