Mona V.
Tenant mvoing out before lease ends
My tenant bought a house and moved out. She requested I end the lease early, but I told her we can start showing the house and if it rents I can terminate the lease when new tenant moves in. But she has not cleared al...
Timothy W.
Things I like about Obama
In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.
1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Carlos Guzman
Should I dump my CPA ?
Hello Everyone,Piggybacking on another post about CPA recs, I wanted to share my experience with my current CPA and get feedback My CPA does not disclose up front what costs would be associated with meetings, advice a...
Zachary Harr
Newbie looking to invest in STR in Gatlinburg, TN
Hello, I'm a 36yo Physician Assistant in Ohio. Current income is around 350k between the two of us. We have 400k liquid currently. My wife and I have been collecting data and saving up our nest egg for the past severa...
Ruzanna Queenan
Do real estate investors need a financial plan?
Hey successful investors - If you have a robust property portfolio do you still need a financial plan? Or as long as you have cash coming in you're all set?What are your reasons for having or not having a plan? Apart ...
Rich Leone
Tenant Homicide in our St Paul Duplex
We woke up to some very disturbing news this morning. One of our duplex tenants notified us that the couple living in the other unit had a big argument early this morning. According to that tenant, the male shot and k...
Kevin Hunter
LLC Set-up: Lawyer or Do It Yourself Online
Hi everyone. I am getting ready to close on property number 6. As an intro, my five other properties are all SFH. This one is a four family. Up to this point I have not had an LLC, I have just carried are large um...
Morgan Klein
How many properties do you have in your LLC?
Hey BP - My wife and I started investing in real estate a little over two years ago. We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...
Todd Krzeminski
DIY LLC?
I have two properties in Indiana that I want protected by a business entity. I live in Virginia so this is out of state. I've spoken with two attorneys to put these properties into an LLC, but they are charging around...