Just purchased an occupied triplex in Indianapolis, IN. One of the tenants is not going to renew her lease at the start of the month and as such, has not signed any paperwork with me. The former owner/landlord has not...
I have read many suggestions in landlording books that it is smart to note every contact point one has with their tenants to help "paint a picture" for a judge if one had to go to court. I just signed my first tenant...
While I've heard people discuss projecting the cost of replacing certain systems over time for rental properties, I haven't so far seen an actual calculator for that purpose. Here's one I just put together in Google ...
Hi All,I'm getting ready to make an offer on a duplex with a VA loan. Thus far I have been outcompeted by cash and conventional loans.I'm debating waiving the inspection to make my VA offer more attractive. My thought...
I am looking into forming a series LLC. Incorporate a Texas LLC having the general partner as a Wyoming LLC. I will be the general partner for the Wyoming LLC. I will be running this structure, doing business in Texas...
I just had tenants move out from our property 5 months early due to buying a home. We've had the same tenants since March 2020 and we thought they were pretty solid. My property manager secured the property some time ...
BP, I just found a deal in Waterbury, Connecticut. Two townhouses FSBO. Initial research off pro forma shows an 8.2% cap rate. I'm intriqued and want to now dig deeper. I know NOTHING about Waterbury, Connecti...
My wife and I have spent the last year or so getting myself a green card and have moved from Canada to upstate NY. We are brand new to this country and have very little credit history but very much want to get started...
So, got a residential seller in Maryland who wanted to have her attorney draft a contract.... I reviewed it and made some modifications to it and emailed it back to the attorney. He responds with this:"It is my unders...
I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...