Nick Benedick
Partnerships and LLC’s
Good morning Community,I just rented my first property out that I own by myself. I want to partner with someone that lives out of state so I can grow a bit faster. My question is, when do I set up an LLC? Assuming ...
Jack Taylor
Residential rental and flips - Individual LLCs under a holding company?
Hi, My wife and I currently have 1 rental property (condo) and plan to do at least 2 flips this year. Should we be incorporating each of these individually and then add them to a holding company, or keep them separate...
Joshua Michael Hauman
Why would I passively invest as a Limited Partner?
One objection you will face when raising capital, especially from accredited investors who have had success doing their own deals is “Why would I passively invest as a Limited partner (LP) when I could just use the ca...
Quinten Jones
Business Structure
Hello friends,I have a question on entity selection and business structuring. I plan on starting my business in real estate investing, effective January 1, 2015. However, I began thinking about how I will structure ...
Kevin Polite
Online Rental application
I have a good application form and a good credit check company, however, I would love to have an online credit application so i don't have to deal with paperwork. Anyone have a good suggestion
Hao Dinh
What to know/do before buying condo ?
Hello BP!!!What do you guys think about buying condo for rental ?( in Dallas ) and What to consider before buying one ? Does HOA usually cover everything including insurance ? I would love to hear your advices and op...
William C.
Tenant breaking lease
I have a tenant who wants to move out 5 months before end of lease due to job relocation. Based on the lease there is a two months penalty for breaking lease. The tenant asks whether the penalty can be waived if he ...
Clint McGraw
Conventional Mortgage With LLC????
We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...
Matt Rothwell
There's a market for this HERE? High end SFH rentals?
I was kicking around on Zillow today, and noticed that there's a surprisingly large amount of properties (currently 21 for rent right now in Raleigh) for rent between $2500 and $3500. That seems crazy high for Raleig...
Susan Cochran
Landlord withholding security deposit for "smoking" inside
My landlord is withholding my security deposit cause he says i smoked in rental.plus $2500 for painting. Can he do this? I am a smoker but I only smoked outside and garage by the doorways,never in house. No where in l...