Glenn Clapp
Advice Needed: Selling Single Family Occupied by Tenants
I have put in offers on two properties to 1031 exchange with the sale of my occupied single-family property. I have a sale clause in the lease and have asked the tenants to vacate before I list the property. The tenan...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Paul A.
Renter deported... huh!?
Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....
James Norton
Protecting Your Home
Hi. So I have a question about asset protection. Here's the backstory: A few years ago a friend passed away from pancreatic cancer. From the time he was diagnosed until the time he died was a little over 1-month. He p...
Ibrahim Hughes
Why Isn't Filing a Ch. 13 Bankruptcy Saving This Home???
Hi All - just came across a seller who wishes to sell her home in foreclosure (under water). The surprising thing was that she filed chap. 13 BK and (according to her) wasn't allowed the option to save the home she's ...
Santhosh Ramani
Strategy with LLC, Series LLC, Land trust & Umbrella insurance
Hi BP folks - newbie here from California (Bay area) & looking to learn from you all here!My situation: Started slow with real estate investing (turnkey) and own a couple of properties. Things seem to be going on ...
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortg...
Lukas Smith
Renters Insurance for Mid-Term
I'm preparing to list my first mid-term rental (and first rental overall) shortly! Is it normal to require renters insurance for a mid-term rental?
Account Closed
Using Out of State Entity for Local Purchase?
I'm in Southern California, getting ready to do my first rehab, also in CA. Can I create a LLC in another state and use it to do business here or are there tax complications and not worth saving a few hundred dollars ...
Greg Scott
HUD offers more protections for criminals trying to rent
In a letter this week Marcia Fudge, Secretary of HUD, indicated that she intends to "reduce barriers to housing among those people with a criminal record". See here for full details. https://www.hud.gov/sites/dfil.....