John Hyun
Need advice on LLC and insurance for a newbie investor
Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice. I've owned a 4-plex property in Long Beach, California. So my following questions are.1. I work full ...
T. Philip Washington
Benefits of starting a LLC
Hi, we're working to buy our first multi-family property by July of this year. If there's already a thread addressing this issue, please point me in the right direction. Is it more beneficial to start a LLC and purcha...
Jane S.
Tenant got advice (?) from a housing office
Tenant (not Section 8) says the agent at the Colorado housing office told her the lease she signed means nothing and she can ignore it.She also is requiring me to file a "credit" record (???) that she paid rent otherw...
Jerry Padilla
Foreign Investors in the USA and Getting Approved For Conventional Financing.
Here are Guidelines for Getting Approved for Financing. I hope you find this helpful, as I get many questions on Foreign Investors and Getting Approved For Conventional Financing. NON-U.S. CITIZENS Social Security Nu...
Paul A.
Renter deported... huh!?
Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....
Joshua Pope
When is it syndication?
I’ve done some flips in the past using multiple investors. I’m thinking about buying a portfolio and would need to get 5+ investors together. Can I do this without it being classified as a syndication?
Dan F.
Covid-19 and rental evictions
I had an eviction order that was scheduled for April 1 but no with NYS postponing all evictions for at least 90 days... that won’t happen but the tenant did sign an agreement in court to be out April 1. With all that’...
Dacia Bell
Communicating via text
What are your thoughts on communicating with clients and other industry partners via text message?
Jase Hackman
Should my wife be a co borrower if she does not have income
Hello,The question: Are there any reasons I should include my wife as a co-borrower if I can qualify on my own and she has no income? Context:My wife and I are looking to get pre-approved for a mortgage as part of our...
Robert E.
Homeowner has quitclaimed to someone else under the same roof
I'm looking at a property due for auction sale in IL. A few weeks after the Lis Pendens was filed by the lender, the homeowner executed a quit claim deed to transfer ownership of the property to another person residen...