Arjun K.
When to deed property to newly created LLC?
I acquired a property, and it is in process of being rehabbed (~$50K equity financed rehab). I am in process of setting up an LLC for this property. Should I wait till rehab is complete to deed the property, or just ...
Ujwal Velagapudi
Profit Share with my Property Manager?? Good or Bad?
I have a mixed-use commercial property that I had purchased last year and I had immediately given it out to a property management company to oversee. 8 apartment units and 4,000 sq. ft. in office space in one building...
Jami Vincent
Asset Protection Plan Any recommendations????
I had a meeting with Anderson Consulting (they did an 8 hour webinar for free). And to form 2 LLCs and a Land Trust is $6,000. They say their operating agreement is superior (90 pages) and that as an owner you're not...
Kelly S.
2 single, young professional male roommate tenants...party concerns.
Hi BP community!We have a SFH currently up for rent. We have two twenty-something, young professional, male roommates who are very interested in renting our property. If they meet all of our financial criteria, have a...
Rubik H.
SoCal Vacation Rental: Mountains or the Desert?
Hi Guys! I've been in hiatus for a while now. So, Christmas is right around the corner and as procrastinators always do, we are shopping around for a vacation property to rent for Christmas week in Lake Arrowhead/Big ...
Steve K.
New MF purchase w/some non paying tenants
I'm aggressively looking for my first MF rental purchase. I just found 9+ MF Units deal, that I need to act on asap.After looking thru some public records. I found about 12-15 eviction cases over last 9 year since she...
George Red
Plumbing Recommendation (leak & potential sub-floor issues)
Addressing a water issue in a duplex bathroom where a sustained leak has led to softening of the subfloor. I'm finding that plumbers will address any leaks/stoppage but often do not touch subflooring repairs. Anyone w...
Pat Jackson
Inspector said one thing, general contractor said another
If you find my other posts, you'll see my interest in a 5 unit apartment complex in a C area. I now have it under contract. I had the building inspected this week. The building was built in 1910. The inspector fou...
TaRa Mehta
Tenant withholding rent due to minor maintenance issue
Hello all,I've a tenant who has been paying her rent late each month (along with the late fee). This month, however, she has not paid the rent so far.Here is the sequence of events that happened.1. Issue #1 - a rat en...
John Mary
Share fence repair fee
Hello all, my rental property's fence fell down and PM fixed right away. I asked my PM to ask that neighbor to share the repair fee, PM said the neighbor told them the fence is belongs to me. I then asked PM to send m...