Bhaskar Pandey
Mtg Due-on-Sale? - Any strategies for moving rentals in to LLC?
I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...
Soniel Estime
Worries about partnering with buddies on a deal!
I have two friends who would like to partner with me on a few deals. They were telling me about how they were thinking of investing and after I told them of my past experience with real estate, they jumped on me about...
Elizabeth Pharis
Learned about Fannie Mae too late
Unfortunately we didn't fall under the category of "deal fell through at the last minute." Ours went through. Long story short, we found a house on Coldwell Banker. Drove 4 hours to look at the property....twice. ...
Todd Blyton
Has anyone used the Series LLC in Wisconsin?
I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...
John Hall
Mobile Home Park Flip - May have bit off more than I could chew.
Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...
James H.
203k deal is going very poorly, advice?
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
Mike Shemp
Need Advice- My sister in law is living with a roommate who is physically abusing her
Hello BP Community,I will try and keep this post as short as I can, but ultimately I'm looking to ask the landlord and legal experts in this community about any advice that can be given to my sister-in-law about the s...
Marisa Alvarez
LLCs in Wyoming for Asset Protection
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Brandon Holley
Court declares mandatory rental inspections unconstitutional
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...
Eric Campbell
Student rental process
Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...