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I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
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I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
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I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
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Hello beautiful people of BP, Today is one of those days that made me feel dumb. But the good news, I finally "get" something instead of just knowing about it. For a long while, I felt that way about Return On Equity ...
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So I just got home from my RDE 3 day seminar, and it was worth it for $199; however, they demonstrated this software called Rich Dad Real Estate Success Software that is not included in the basic training.. I really l...
I decided to compare projected income for my STR in North Phoenix from AirBNB, AirDNA and Awning. I also tried AllTheRooms but I couldn't figure AllTheRooms out. I looked at the surrounding STRs.
Across the street i...
Hi guys, I am a Canadian citizen with permanent residence in Mexico. I've been investing in real estate in the state of Yucatan (the safest state in Mexico) for the last 1.5 years and have learned alot.. so far I've i...
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I see most people have an llc - is there a significant reason why?
Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...