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So we’re about to buy our first home. It’s a 4-plex in downtown LA. One of the tenants in the house has not been paying rent for several months, and owes $14.000 in rent. The person has not been evicted because of the...
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Thank you everyone in advance. I'm just starting out in real estate investing and for the past 6 months I've been challenging myself to learn everything and anything I can about it. First of all, I appreciate the saft...
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Situation: I am renting a 4 bedroom apartment in a duplex in a college area and have 4 college students interested in renting it. The apartment is not available till June 1st because the previous tenants trashed the ...
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I just listened in on REIClub's Al Aiello's "LLC Master Machine Asset Protection" System webinar, He has set up a 121 page LLC contract to keep members 100% private and protected from basically everything and everyone...
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We have reached out to a couple of local investors and we are getting mixed thoughts. One investor suggested to form a LLC and buy properties through a business. They said it would protect us if things go wrong. The o...
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I'm a US citizen and Canadian permanent resident who recently emigrated to Canada, and I am planning to buy rental real estate in Ottawa. I am hoping for duplex or large single family house where I would live in one r...
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Purchased 2 small multifamily buildings in a very small rural town in Southern MN recently. The city is billing us $90 in base fees for every apartment (then in additional also a water usage rate), so 20 unit building...
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Here in north texas, it's not expected to get much below freezing in the next couple of days and am contemplating heading out to a couple of rentals and covering the faucets with those styrofoam type covers. Would ta...
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Hello, I am currently contingent on a Contract for Deed duplex and am getting pulled both ways on whether going Contract for Deed is a good idea or not. Situation: - 3 years at 6.75% with a balloon at the end. We can ...
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Hi - I have an acquaintance who owns a condo in Houston, TX. She called me asking for advice regarding a dispute with the management company overseeing the condominium association. Apparently she and many of the other...