I was curious to hear of the benefits of using (s)LLC instead of an LLC. I am buying my 3rd two-unit and considering the strategy to mitigate exposure. Currently operating in a standard LLC with my partner but wonderi...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
Hey BP, Hope all is well. I am currently in the process of locking in a deal for a home where the end buyer is using a conventional loan. I'll be using transactional funding to complete this deal and will be doing a d...
I am ready to pull the trigger on a SFH in Broward. It needs a lot of cosmetic and upgrades ($40k - $60k) worth of flooring, kitchen, gardening, patio floor, pool, etc.I don't plan on moving plumbing or electrical. Do...
Hey, I see posts every day for people looking for value add investments in multi family. I hear about it everywhere on the podcast as well. But it’s made me curious, is there any value in building new multi family? Th...
I just signed my first lease and I collected first, last, and security deposit. Security is in a landlord tenant account, that was easy. And First month's rent will go to my PITI and the rest cashflow I will split bet...
I want to make my leases very specific, I like the advise from "Landlording on auto pilot" by Mike Butler. I want to tailor my leases very specifically but make sure I am within the law on all fronts. I also want to...
How are you fellow landlords currently using today's technology to collect tenant's monthly rent? I proposed years ago to my tenant to do an electronic funds transfer from his bank to mine. But he didn't want to and...
Just issued a three day notice to pay rent or quit to a tenant that has consistently been late in paying. Rent is due on the first of the month and the three day was given at day seven. Tenant wants to vacate and...
I'm a landlord of a multi-unit property and all of my leases are between myself and the tenants. However, im moving out of state soon and have a friend willing to take care of rent collection, evictions, and everythin...