Adam Craig
I am at the point where I need private money for my term loans?
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
Susan O.
Going from Sole-Proprietor/Landlord to S-corp for self managing
I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017. It's $800 per ye...
Gaemer Gutierrez
Do your property managers provide vender invoices?
I have worked with different property management companies. Some provide 3rd party invoices and receipts, some don't. Do you ask your property manager to also provide the invoice that they receive from the vender? Min...
Jennifer Bowen
Can I buy a property first, then roll it over into an LLC later?
Hi all,I haven't set up my LLC yet. I'm just getting started in this business. Is it possible to buy a property first, then roll it over into an LLC? For example, if I live in it first. Or if I find a good deal that I...
Rosa Le
Landlord Insurance Advice
Hello!
A lease agreement has just been signed by two tenants who will be moving in November 3, 2023. Unfortunately, I had put insurance on the back burner as I was navigating through finishing up renovations and mark...
Shalina Desancic
Best way of opening multiple business accounts
Hey Everyone,I am at the beginning of my REI journey. I currently have a Series LLC, I have it structured with the parent LLC not holding any properties only cash for acquisitions and each series has one property in i...
Brandon Leffler
How would you seller finance this deal??
An elderly lady, Jane, owns 4 off market and an empty lot by one of my rentals. Jane wants to sell to me and escape of the headache of land-lording . She is too old to deal with tenants, maintenance, and she wants to...
Todd Powell
Question: Can you take two different LLC names and do 1031?
Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...
Katrina P.
Newby at rehabbing and flipping - have a few questions
Hi All,
Hubby and I will likely buy a few tax foreclosures next month. Depending on the possibilities for each house, we will decide at that moment whether we will fix and flip or buy and hold. ...
Alex Hall
What constitutes full time residency
What is the legal definition of full time residency once you’ve purchased a property under an FHA or conventional loan? Does it differ from bank to bank in regards to the conventional aspect? Would 178 days out of a y...