Wesley W.
To catch a pot smoker
Hi all,
Okay - here's the situation: shared entrance hallway between two units, and one of the occupants is using the hallway to smoke pot. I know this because I have been in the hallway a few times in recent weeks ...
Jon Klaus
Great price or great property?
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren BuffettSubstitute "property" for "company." Do you agree? How have you applied this philosophy?I used ...
Allie M. Stanisel
Six Figure Appreciation in LESS Than Three Years
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $289,000
Cash invested: $57,800
Sale price: $390,000
This was one of two duplexes that shared a courtyar...
Alec McGinn
Where should I park my capital?
Where do you like to put your capital while you are saving for a real estate deal? Currently my capital is sitting in a savings account gaining nothing. I’m wondering if I should be putting my capital somewhere that m...
Jim S.
Taxes - can you offset REIT dividends using passive losses?
If you own rental properties that produce passive losses due to depreciation, can you apply this loss to the pass-through tax from REIT dividends?
I have a growing pile of passive losses that I can't do anything usef...
David Almilli
Sole proprietor with insurance or LLC living in California
I'm just starting out investing rental properties out of state and I keep going back and forth on whether to structure it with a sole proprietor with umbrella insurance or starting an LLC in the state I plan to buy pr...
Ryan Summers
Where to form my LLC (CA resident buying out of state)
I live in California, and am looking to purchase my first rental property in Illinois. I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compa...
Joe Kim
Pay off home vs rental mortgage first?
I recently saw the light on the whole payoff your mortgage with heloc method. I'm not here to fight or start a heated discussion about that matter, but it does make me think about which I should payoff first - prima...
Tobey Porter
Overweight tenant split a toilet
Let me start by saying we are not judgmental people; this post isn't meant to be shaming. We have a tenant who I would guess is up over 400 lbs. His toilet split the other day. We hadn't given any consideration to ...
Jon Leidgen
One LLC for multiple properties or individual LLC’s
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?