We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...
Any advice on setting up an LLC for our RE investments? Do we need to speak to a corporate lawyer or can we go the simple route of LegalZoom? Need to get it it done quickly for a hard money loan.
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
I don't have much experience with tenant screening but I came across something today that I can't figure out.I pulled a credit report from TransUnion / SmartMove on a potential tenant. They recommend that I accept th...
I bought house in Sept 2014 and it was rented with month to month lease with section 8. During November, Section 8 did yearly inspection and find out that HVAC is not working properly. We hire the HVAC guy and ask him...
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
Furniture for Sale From Luxury LLC Corp. $1.
Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret. It really never did. If you appl...
I am working on a rehab right now, and I just received a letter from a law office stating that their client was injured on my property by a "piece of wood which was unsecured" when it "fell and struck her on the head....
I am looking to rent out my old home I am in the process of fixing it up and getting it ready. I have no idea how to move forward after it is fixed up. I very much want to find a reliable long term tenant. Any TIPS t...
Wyoming opened their Emergency Rental Assistance Program two weeks ago. As of today, they've only received 2,500 applications, totaling $5 million in rent and utility assistance. The program has $160 million available...