Sue T.
Rule Of Thumb Operating Expense for Retail Properties
Hi,
Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...
Jack Barkow
Snow Removal Requirements. When to Clear or let melt?
I'm just curious what everyone is doing with snow removal. Is there a certain depth of snowfall that you wait for to pay/DIY snow removal or do you do it regardless? For example half an inch in Chicago like 20% of p...
Vaibhav Puranik
Properties in CA and TX, what state to form LLC in?
Hi all,
I have 3 Single Families in TX and 1 Single Family in CA. I live in CA. I am trying to figure out what state to form my LLC in. Out of the properties I have, I have more equity in the CA property as it was bo...
Ryan Marker
Separating rental income and expenses
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
N/A N/A
LLC vs. Corporation?
Can someone please explain why it is better to form an LLC rather than Incorporating when starting a real estate investing business?
Thank you.
John Smith
[Requesting Advice] Duplex only has one water meter for 2 tenants
Hi All,I recently found out a duplex I own only has a single water meter feeding both units. One of the tenants is currently paying for both sides and has been for the past two years. I only found this out when the ...
Joshua Rogers
Return the Deposit
To keep this brief, I will simply highlight that a tenant agreed to another 6 month lease beginning in January 2015 (agreed via text...perhaps not the most legally binding, but nonetheless). They decided to move this...
Avinash Dongarwar
Forming an LLC for Out of state rental properties
Hello All. I live in california and about to close on my first rental property in Cleveland, Ohio, and getting goosebumps over forming an llc. What am I supposed to do? Form an LLC in CA and bring Ohio (or any other s...
Kara Courtney
LLC First then Purchase? And an LLC for each property?
I’m getting ready to purchase my first investment property, and I plan to purchase more.I am a realtor and already have an S-Corp set up for my salesperson business commissions.Should I purchase my first home in my na...
Greg R.
Bankruptcy chapter7 and keeping rental properties?!
Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll: