Can a multi-member LLC (filing taxes as a S-corp), collect rent and claim taxes on a property (as if the property WERE in it's name) when the deed is under one of the LLC co-owning members personal names? This questi...
I know that looking at someone's car is a great indication of how tidy of a renter they are going to be. Well, I had a gall drive up for a showing in a nice Suburban with her mom and we ended up renting to them (d...
Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
Hi everyone,My business partner & I are getting our ducks in a row to buy our first property. We’ve taken a lot of the necessary steps but I’m looking for feedback on what’s a must have and what’s a nice to have. ...
I'm somewhat baffled! I bought a property & decided it was perfect for a STR. At the time, no ordinance was in place that prohibited my doing so. I set up VRBO acct & started renting it VERY successfully. City...
I have a problem tenant that does not pay rent on time or the way it is in the lease to be paid. Due on the 1st late fee on 5th. Direct deposit to bank. Almost every month I pick up cash on the 5th
Last month she t...
Question is, is it worth the time/money to buy a single family home with a detached garage to turn into a ADU(additional dwelling unit) creating a 2 unit property. Or just find an existing 2 unit multi-family to BRRRR...
I am looking to buy a property with an accessory dwelling unit but was informed by the zoning department that either the primary house or accessory unit would need to be occupied by the owner. This situation would be ...
Anyone do alot of lease to own experience in NC ? and has understanding and tips of the worst case scenario (eviction needed) differential for a straight lease eviction versus lease-to-own eviction?(its been brought ...