Adriana Collado Hudak
LLCs for each investment property?
Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Rick Jarrell
Anyone go through the lead safe certification yet?
I owner occupy a duplex in Kamm's Corner. My certification is due this quarter. The house is in good shape with various updates so I'm not too worried about it, but curious if anyone else has gone through the process ...
Raj Balakrishnan
tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
Several applicants with disclosed felony arrests and convictions have passed tenant verification checks. Tenant verification sites, which charge for nationwide criminal, income, and credit checks, are clearing these a...
Jonathan Taylor Smith
At Showing "I love it! I Want It!" - Then Crickets Instead of App
I've been showing what I consider to be a GREAT Townhouse Unit for the last two weeks, and with each showing I hear "I love it! I Want It!"... So I send an email with a link to the application, including instructions ...
Mindy Jensen
Known Sex Offender Liability - Are Landlords Responsible?
I've seen a couple of sex offender threads recently, and saw several people mention that a landlord can be responsible if they knowingly rent to someone and they re-offend.Attorneys of BiggerPockets, is this true?
Ryan Holland
Opening an out of state LLC
I am interested in opening an LLC in order to build credit for future real estate investments. I've read online about the benefits of opening LLCs in Wyoming but I still have several unanswered questions. 1. If I open...
Jenny Pour
Daymond John & Doug Hopkins Success Formulas
These 2 may have already been listed but just wanted to make sure they are on the list of Guru's that use their celeb status to lure people in. I'm assuming the structure is similar to others. Essentially you go to a ...
Trudy Petersen
Too good to be true?
Wondering if anyone out there has ever heard of Albert Carmoney Jr? This is how he responded to the ad I ran looking for an investor partner.Hello Investor,My name is Mr. Albert Carmoney Jr . I'm a private Local Lend...
Steph C.
Rehabs and 1099s
I know this a common topic of discussion, but thought I'd ask another question as it relates to rehabs (we GC our own rehabs).
I know you need to send a 1099 to any "independent" contractor to which you pay $600 or m...