Steven Maduro
incomplete renovated rentals can still bring in money
Ok things happen right?
unexpected expenditures may mean that your renovation is off schedule by about 6 -8 months
What do you do?
You can leave it vacant until you have the money to renovate....
Isiah Ferguson
Lowe's and home depot
I'm currently at lowes and will be going to Home Depot shortly. I'm going to these stores to find contractors or handyman in my area to work with for FREE. I'm looking to work under and HELP multiple people. I want to...
Craig Garrow
What are the odds of getting an FHA loan?
I'm eyeballing a triplex here in town, and looking to get some bank financing. My issue is that I just purchased a duplex with a 5% down "owner occupied" conventional loan and closed in January. This triplex is in a...
Chris Wang
Rental property risk averse
As a new rental property investor, I totally agree with Turner Brandan's statement in <Rental Property Investing>, you would be sued sooner or later. Though we can control the risk by screening the tenants care...
Makan A Tabrizi
Items in Common Areas
I'm trying to update my lease for a 5 unit in Colorado. I'm currently allowing tenants to use their own lawnchairs in common areas. I've never had any issues with this but a thought occurred today. What if another ten...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Jon Leidgen
One LLC for multiple properties or individual LLC’s
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
Kevin Stablier
Rehab Permitting
Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity. If you are filing as an individual...
Greg P.
Hiring Carpenter and his brother with no insurance or business
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Carlos O.
Finding it difficult to get home insurance estimates
Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...