Tom Smith
Do I need a holding company?
If an investor creates a LLC for each Joint Venture Partnership would they then introduce a Holding Company or Trust to own all the LLCs? This would be for buy & hold.
Ryan Rubel
Rental Question - Help needed, please.
After running the numbers I decided I'll be selling my rental property once my current tenant moves out April 1st. This is a property in a suburb of Chicago.Our Property Manger called saying they need to send a plumb...
Edward Mccracken
Is Buildium a full service accounting program???
So this might be a complicated question but those know their accounting / bookkeeping well, should know this… I’m getting conflicting answers between my accountant and bookkeeper. The problem is convincing my VA boo...
Matt Gehrls
Tenant in Common Property with Unclear Shares and Way Too Many Owners
A property was bought by my grandfather and two relatives as a tenancy in common concurrent ownership. The three have died and all had heirs that split the property, but they all had a different number of kids.First q...
Joshua M.
Does the 50% rule apply for short term renting?
I am thinking of renting my current primary residence. I dont plan to hold it longer than 2 years so I am wondering if the 50% rule would apply?
Jeff T.
Problem Tenant's girlfriend moved in, called the police on the PM
So I have this tenant in a triplex that's been problematic. He's worked on "projects" outside and left wood scraps and trash outside, which the city cited for code violations. We got him to clean that up and he did a...
Ethen Weaver
Land Contract, ideal for first time investor or idiotic?
Good morning everyone in the BP community!My questions today are about land contract and their interest rates.If I have a finiancier that happens to be a family member that is willing to pay everything up front for a ...
Nancy Wang
Tenant left buying new home,owning back rent. Suggestions needed
I have a single family house in Alabama. I am out of state and manage it myself. Lease ends in 7/15/2018. Tenant started to pay rent late back in November of last year. I have been working with the wife on allowing he...
April Conaway
Inherited property, no property managment in place
Hello, I'm not sure this is the best place to be posting this, but I'm really not sure where this topic fits. My father unexpectedly passed away 7 weeks ago. He had 3 rental properties in Colorado (2 triplexes and a s...
Bob Condon
Retroactive building permit Chicago
I've inherited a house and there are a few things that weren't permitted. There is an attic turned into a bedroom, and two half baths that had showers added. I read about retroactive permits, and I can't find anyt...