Brock B.
Should I LLC my Rental Property?
I've recently purchased my first rental property (single family). I am financing it through a bank. Should I put this only property I have in an LLC? I plan on purchasing more in the next 12-24 months. Will a bank ...
Craig Smith
Want some buying my next property
Hey guy I'm new to investing. I already have a house and I'm looking to invest in real estate. I live in New York city but prices are too expensive. Can someone out there give me some advise. Like what state to buy my...
William C.
Insights on our lending situation for a primary residence coupled with our rentals...
Summary: We have a small portfolio of SFH rentals. We are looking into acquiring a new PRIMARY residence. We would then turn our current home into a rental (again). We have only approached 1 lender (large, online only...
Dustin S.
What exactly is a Phase I and what does it cost?
I have a 3000sqft 7 unit apartment building under contract. Do I need a phase I, how much should it cost and what exactly do they look at? Can I use a residential home inspector instead?
James Hiddle
Wells Fargo Cancels Trip To Vegas For Employees
WASHINGTON – Wells Fargo & Co . abruptly reconsidered a pricey Las Vegas casino junket Tuesday after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.
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Michael Dunn
Claiming Rent from Tennant as " Income " .....
Good Afternoon,I have what is likely a basic question, but yet I am stumped on what the actual answer is.My question is ...... I purchased a property via a Trustee , that had a Tennant/Renter living in the Mother-in-L...
Aaron Albertson
Starting new business
I am new to real estate investment and am looking to see what type of business is best to start. My primary focus will be on rental properties. I am looking at applying for an EIN and am not sure what type of business...
Mike Reynolds
LLC questions for a series LLC
I'm not sure if this is the right place to put this question but here goes. I am about to open a series LLC in Texas. If I have LLC's in other states, can I merge them into the Texas series LLC? If not that won't real...
Matthew Purvis
Selling foreign investment property
Hello BP,I am looking for advise. I am in the process of listing my investment property in Canada for sale. I will be making a profit on it and I am looking to keep as much of the profit as possible. Of course the pro...
Roy Gottesdiener
Discovered my rental has an unpermitted bedroom
In FL. What's the procedure for me to update the records?
Also, when asking for an appraisal, will it get appraised based on public records or by the actual number of bedrooms even though one is without a permit?