Mary Ann
When to start LLC?
I'm looking to buy first prop within the next 3-6 months - I'm looking now. Is it too early to open an LLC? I want to open one to get a business line of credit for purchases. Any info is appreciated. Thanks!
Peter Lee
Self-storage -does anyone have sale/ disposal/ lockout insurance?
Trying to get this added to our umbrella policy but noone will provide this as a stand alone item. We did manage to get the customer goods liability to $1MM which was advised upon by our prop management company. Any...
Abram Ylitalo
Former US Navy service member and government contractor - current RE Investor
Hey all!
My name is Abram Ylitalo. I'm here to network and get a little bit of advice from some professionals! I've written an entire thread in detail about my current financial situation and some questions. Th...
Neil G.
Incarcerated LODGER
What are the obligations of a California SFH family of owners who rent the attic (which is one big finished bedroom with private bath) out to a single man who went missing the 2nd of the current month we now find out ...
Account Closed
Build/rent garage apartment as first deal?
I am trying to think of different strategies for my first deal. This one popped in my head on a long flight yesterday.My personal residence is a 3 bedroom 1.5 bath brick ranch on 0.44 acres. It would probably appraise...
Andy K
Advice on tenant move-out after a fire incident
Hi folks,
We wanted to get some advice regarding a situation we have at a rental property we own. In mid-August, we unfortunately had a fire in the attic of the rental home. The tenants living there called the fire d...
Jonathan G.
K1 losses in year 1 as a percentage of capital invested
What are you seeing in regards to K 1 losses in year 1 based on forced depreciation from Cost Segregation studies?Since 2017 , we’ve seen the following ranges 14-30 % for storage 40s to high 50s% for multi family with...
Benjamin Gallant
AirBNB/VRBO Boutique Development?
Hi all, I seem to have stumbled on a unique opportunity that I would like to pursue further, but I don't have the tools/resources to properly evaluate whether I have a deal or not. There is 1.5 acres of land in a prim...
Andrey Y.
Syndication Sponsors who have stood the test of time
Investing in syndications is a great option for those of us who like our free time. Let's discuss the state of syndication investments and syndicators in general. I have invested in it several asset classes to include...
Mimi Sisi
Eviction after foreclosure
Hi,I evicted a tenant after foreclosure, today. The tenant has vacated the property before the sheriff arrived but he left behind his furniture including a car in the garage. what am I responsible to do with it. The p...