Vee L.
Separate entities to manage vacation rentals?
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...
Nicholas Armstrong
203(k) help!
Hey guys!
I've found a lovely duplex in my area (just outside the Birmingham AL area) It is in a B neighborhood and it is listed at 30k. I am considering house hacking this property. But it needs a lot of work and I ...
Vincent John Tucci
Wisconsin - City Hid Condemned House Status Until After Purchase
Posting for a friend of mine who would like to remain nameless. Thank you in advance for anyone that can shed some light for him. He is a biggerpockets follower so he will see your posts. ....."Purchased House from...
Mike Eisenhut
Rent payment options....or not?
I currently own two rental properties and usually collected rent on a contact basis. Each time the tenet would call and say I have the rent when ever you ready to pick it up.
Now, on the Lakewood property this has b...
Franklin M.
Equity Partners vs Pooling Investors Under Reg D
I was at a real estate seminar and a CPA said “talk with your attorney about difference between equity partners which are not regulated under SEC REG D rules, vs. pooling investor funds to raise funds, an activity whi...
Tyler D.
Single Family vs Multi Family vs Apartments for Cashflow
I am a new investor and am looking to get into Real Estate as a way to grow my savings. I currently have $200k that I can use to invest.I have looked into SFH and MFH, and both have their pros and cons. I haven't look...
Chris K.
Can I just not fix the furnace and provide space/baseboard heaters?? (To protect dumb tenants)
So I get a text today telling me that "Yesterday afternoon the CO² alarm went off and the furnace stopped putting out heat".
I let her know that she should have notified me immediately and called the fire d...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
Mark Vandzura
LLC in different states
I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?