We are in the process of screening a tenant which of course includes verifying rental history. We ask simply questions, like were they late, did they have lease violations, outstanding debt and would you lease to the ...
Very unique situation here. We own a property in TN that was managed by a property manager who had been in real estate for 30 years. He knew the business and was a one man show for his property management company. Wel...
I own five single family homes in the Twin Cities area (Minnesota) and am trying to learn if creating an LLC and transfering these five houses to the LLC is a good decision and worth the time and money for such a smal...
Property is owned by an Arizona LLC, property is in NY. I need to evict a tenant, now am told by attorney that i cannot do legal proceeding with an arizona LLC owning that property. Experts on this matter, please help...
Hello BPI am still a beginner in REI. I do own one SFH and manage another. I have been reading and learning so much over the last 6 months that 2016 will be full steam ahead! I do have a partner that wants to buy mor...
Hi all-I have a 800+ credit score, which I am very proud of. I own properties with a higher rate than I like. They are in high-end areas and generate juicy income! So the trade-off is worthwhile. I am on the lookout...
Their communication is non existent. I purchased a property they managed and was unable to get absolutely no communication or return calls from the property managers. I was blown away by the amount of never responded ...
My fiance and I recently purchased our first property to flip. Prior to purchasing the property we created an LLC and created a bank account for the LLC. We both also work a regular 9-5 job. Actually, we both had just...
Hi all.
I've been reading a lot lately about institutional REITs and came across this article today: Starwood Waypoint Rises in First Day of Trading as a REIT (Bloomberg).
"Corporate landlords hav...
Hi!My wife and I are renting out our single family, 3 bed/2.5 bath ($2200/month) home in St Louis, MO in a historic neighborhood (Benton Park) as we move to a new home that we are rehabbing while living in. We are acc...