Kyle Neff
Living off investment earnings
Hello BP Community,General question regarding using some of the cash flow from REI to fund monthly expenses. As an example, if I have 10 properties each bringing in $1000/month net for a total of $10k net monthly REI ...
Tyler Jahnke
To LLC or to Not LLC
Hello BP Community!I've heard many mixed answers to the question: Should I put my properties under an LLC or not? I'd love to hear the PROS and CONS of having an LLC or owning property personally.Thanks!-Tyler
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are s...
Gil Keren
How bad is an Ellis Act for the owner?
I'm considering acquiring a duplex in SF with long-term tenants in both places. The property is priced low because of that. I intend to live in one of the units, and perhaps sell it in a few years, hopefully with a pr...
William Bentley
New investor: LLC and Lawyer Question
I've purchased my first investment home, which is currently under my name. I would like to transfer it into a LLC, which I've been recommended to do by several. What's the process? I also hear advice on keeping a lawy...
Account Closed
Does insurance pay for legal help?
My condo was flooded by the upstairs condo on January 8th. Thank you polar vortex. The condo association insurance eventually took over, long story, and it took 3.5 months to repair everything. I gave the tenant...
Jimmy Hanson
Weehawken non owner occupied two unit with tenant
Hi I’m purchasing a home in weehawken that currently has a tenant in smaller upstairs unit not renovated. First floor is renovated and vacant. I requested to have property vacant upon closing however the sellers tenan...
Jonathan Roldan
Leases and Management while House Hacking in Las Vegas, NV
Hello all,I originally posted this on general landlording (link) but got no responses. So I am reposting here, instead. I am a new investor (or are in the process of becoming one) and I am planning on using avail.co ...
David A Muise
Text message, legal notice?
Curious if a text message is considered a legal written agreement (notice). My wife and I are currently landlords in New Hampshire and want to know if it’s state specific or in general what is the legal ruling on the ...
Aaron Hartsough
Seniors good or bad tenants?
Is it legal to advertise a senior discount for a rental as a way to attract an older tenant? Are seniors generally good tenants anyway?