It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
Before my tenants re-signed a year lease earlier this year, they wanted to sign an even longer lease that would end in late October next year. But, that's such a bad time to find a new tenant when a year lease would ...
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...
Just came across a late night call with one of my tenants. His family has been living there over a year and I would consider them good tenants. They warned me before that the front tenants dogs (pitbulls) are sometime...
I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the comp...
I recently got a letter in the mail from the Florida Department of Business & Professional Regulation.
It stated that I has committed a 3rd degree felony because properties i had listed on sites like Hotpads &am...
I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...
I'm curious about neighborhoods as it relates to turnkey/ buy, fix, hold purchases. Most of us have preferences for A, B, C, or D neighborhoods when it comes to investing and rule out the others. My hunch though is th...
Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...