For some reason most hard money lenders require having an LLC or business entity. What do you guys think about that? Up till now I haven’t felt the need to form an LLC because I haven’t even bought one investment prop...
Hi all, i'm the seller in a rent-to-own contract I entered into with a friend who was getting into the real estate business 2021. He wanted to be the property manager and manage the house until it could be sold again ...
How tough are y'all non guests that leave the home a bit of a mess? We've rented our personal residence out a number of times and each time the home has been pretty spotless on our return. We just purchased a full t...
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
Ok, long weekend and a little lighthearted fare:
Real estate investors - what kind of car(s) do you drive? Do you prefer luxury cars? Modest cars? How many drive cars with many, many miles on them? And - if you...
Received my first "landlord emergency" call the other night.Quick back story about my experience since I don't post often: I'm a new investor managing and rehabbing a duplex right now. The lower level is rented out wi...
Early in January, our duplex caught fire, destroying the bottom unit. We fully renovated it and placed the tenants. This is our best performing property and I really don't want to sell it, but after getting a notice a...
need input from people that have been in this situation and survived. I am conflicted with this situation at the moment. I had 3 rentals several years ago and got rid of them after getting married. it's been 3 years s...