Jeffery Drayton
Collecting rent on property in own name
Hello Everyone,I was wonder what type of structure is best for collecting rent on a mortgaged property that’s under my personal name. I know about transferring it into an LLC but I don’t want to trigger a “due on sale...
David Stratton
Rolling over another IRA into an established SDIRA and LLC
Is it possible to roll another personal IRA into an already established SDIRA and then into the LLC already established under this SDIRA. I already have two properties in the LLC and would like to move the money f...
Maya Torres
Unit smells like WEED
Well guys..what can I say. The fun never ends. Day one with a new tenant in my duplex, and the tenant next door text me that her unit smells like weed. I lived next door to my tenant for over a year and she doesn’t sm...
James Conaway
General Practice for pest control in apartments
I have a 4plex in Phoenix, AZ that a tenant is complaining of cockroaches. What is the general best practice/policy for dealing with pest control like cockroaches in a shared building like a 4 plex?Does the Landlord p...
Joel B.
Tenant Leaves Middle of Night
I had a tenant here in Colorado. I knew he fell on hard times and filed bankrupcy but did not include rent in that filing. He said he wanted to stay until lease was up (August) but I felt he was not being straight w...
Raphael Cuthbertson
Underwater and highly motivated seller
I know this is a long shot, but I got a call from a gentleman today who lives in California and owns a 6-year old 1200+ sq foot house in Charlotte. 3br/2.5ba. Has had renters in it from day one. The last of which w...
Stephen Booth
Frisco Financing LLC out of Colorado
Hi BP,I'm building a hard money lender network and came across someone with Frisco Financing in a Jacksonville RE Facebook group. Does anyone have any experience with Frisco Financing LLC based in Denver CO? The terms...
Eugene Beard
Dumpster Diving for Unlisted REO's
While driving around for dollars I came a cross a property I would really like to get. I talked to a neighbor and they said its been empty for 3 years now. There is a winter warning sign inside the window with the na...
Jack B.
Do you balance customer service with enforcement?
We've all read the thread 'Tenant applicants say the dumbest things'. Stay in the business long enough and you come across some real "winners" as they say.So how do you balance being polite and being an enforcer so to...
James S.
Tenant we'd like gone
Hey all,We bought a house in the spring with a tenant who has been in the house for about 8 years. He is a bit older, has a good job but we've had quite a few headaches since taking over the house.The biggest one is t...