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Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
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I have a SFR for rent and realized that an applicant's Credit Report was completely fraudulent! The applicant's realtor sent over a TransUnion credit report that looked fine to the eye... but when I hit ctrl+A, I saw...
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Got this email from the tenant.... What would you say??I'd say one of the worst parts of the job is doling out responsibilities when there's repairsAtwan, Just wanted to let you know that we had a shower tile break l...
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Hello!My name is Christopher Powers and I'm looking to get into REI and am looking to start with a multifamily property and I would live in one of the units. I'm wondering what kind of color schemes you guys use for t...
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Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...
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TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
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What are your thoughts about this?I am a newbie investor who currently has a rental but have been reluctant to invest in my 401K’s ,IRA’s..Any feedback appreciated.
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With cyclical nature of market, should focus of investor be on different kind of property at different phases?With current market conditions (upswing of prices) its very difficult to find value properties, so is it ok...
So in the midst of creating my buyers list one rehabber replied to my request with this single message, and the zipcode she wants them in:
"Only interest is in mid-size yard storage sheds, zip 77040. Thanks"
Anybody...
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Calling out to property owners/managers in the Chicago area. Can someone please do me a favor and provide an estimate for the monthly sewer, water and trash fees on an unmetered duplex?