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We used to do all of the unskilled labor, plus a few skilled things, ourselves. But, we have come to a point where we have to start hiring things out.A few weeks ago, we had a painter paint a property. He did a wond...
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I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
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Hi everyone, we're finally closing on our first property in a couple of days. And the fixed term lease for one unit is expiring in two weeks. There are two individuals living in the unit and one is the seller's son. O...
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I have just purchased 1st rental, and under contract for my 2nd...Yeahhhh I am very excited. Both in my area. So I am interested in managing them myself in order to learn. But now come the details.Question #1: I do no...
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My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
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I have a prospective tenant who is moving to our area to work as an air traffic controller. He seems very responsible, but he has a pit bull. The dog seems very friendly but I am afraid to be opening myself up to li...
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I am just wondering how many investors have problems with real estate agents showing low cost real estate? I buy properties for investment, or to flip, many are properties that are in foreclosure. I have the money to...
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I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
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I have some friends, family and peers that would like to begin investing with me in apartment buildings. Looking for any advice on the best way to structure the deal. I want to make sure I get paid since I will be the...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...