Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Axel Meierhoefer
IS this Holton-Wise stuff for real?
Since I started some more serious research ahead of my next investment I get these emails and wonder if anybody ever did these and if they are for real?https://mailchi.mp/holtonwise/hx3kuvml2d-627617?e=...https://mail...
Jacob Walls
Need help naming LLC
I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
William Huston
Never Landlorded, What makes you do it over paying a PM
Hello All, I am going through growing phases in learning how to properly invest in real estate. For the last 12+ years i purchased properties and turned them into rentals as i switched duty stations in the military. O...
Mike Schorah
This can’t be right……. is it that easy to make money as a real estate agent?
I always saw what the Bureau of Labor Statistics said about real estate agents. For instance, the newest stat for real estate agents is that the median salary is $49k (https://www.bls.gov/ooh/sales/home.htm).
I spent...
John Guinta
Tenant is late on rent and avoiding contact
Good morning from Chicago,I am an owner/occupant of a Tri-plex.I'm a 26 year old kid and this is my first property and first year as a landlord. So far so good and a really positive experience up until my first hiccup...
Daniel Fisher
Don't I feel like the grinch!!!
In November my tenants failed to pay their rent and my PM started the eviction process. Today I received a notice that eviction is set for Christmas Eve.
What do you make of that?
Would you suggest to the constabl...
Robert M.
Rent Increases
Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
Joseph Gozlan
The 3 types of investors in this market
Yet another month with declining home sales (9th in a row).
While home buyers are definitely hurting, we continue to see 3 kinds of investors:
1) The optimist - they keep buying, haven’t changed a strategy, take in...
Sam Leon
An applicant with a unique request, wants to sign 5 year lease.
I have a unique request from an applicant for my SFR, who is an artist, and wants a five year lease.
His justification is he is an artist, wants a long term lease, to lock in the rent. He and wife, both arti...