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So, I'm going to paint a scenario, and I want to see what the world of bigger pockets has to offer.So lets say Bob has a property worth $270,000 in which he has $70,000 in equity. His elderly aunt has another property...
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I'm considering purchase a property using a LLC. I'm hoping to get more clarification on the following questions:1. How would the income and expenses from LLC be taxed for each member of the LLC?2. Are there special r...
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one of my tenants (3rd floor) contacted me to tell me that the 1st floor tenants dog bit then and they had to go to the hospital. they are demanding I make them get rid of the dog. well I come here to find out what ad...
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Dear BPers
After I reviewed prospective tenants' applications and decide to work with them, what is the most logical next step? Signing the contract with tenant and ask tenants to pay the deposit, so that I can take ...
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Hi BP community, I recently (2.5 weeks ago) listed my property for rent after having some solid tenants lined up who eventually bailed. I'm following B Turner's book on managing rental properites pretty closely but...
A tenant owes us over $15,500 in back rent. COVID + CDC eviction moratoriums are killing us. Has anyone offered to pay a tenant to leave?
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Hi everyone We bought a property that was in the process of being rehabbed my purchase price included the rehab. The contract clearly says it would be done with in 2 months. It’s been a year. I’m in Florida the proper...
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Can I use a single Delware Series LLC to hold properties in multiple states? Providing that I register the LLC in each state.
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I live on my rental property and have an inherited tenant that escaped eviction through covid. He's been paying rent, but usually late. He is currently late on February rent as of the 20th, but hasn't answered his pho...
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So I’m stuck at filling out an LLC agreement of operation for a title company, I’m in the process of closing on a property. What is the initial contribution section referring to and the capital contribution page refer...