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Hi Guys,I've been reading many posts on LLC's, quit claim deeds and such and I have been getting very confused with a lot of the things out there. I know there are hundreds of posts on this topic and I have read many ...
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I received a call the other day from fundmygap.com, they were seeking gap funding referral opportunities. In the course our conversation, I asked them who else they were doing business with in my area. He mumbled...
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Hi, I am looking to purchase more property (currently have 3 units), but I am at a point where I need to decide whether to put the properties in my own name or my LLC for tax benefits / perspective. Here is my current...
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I was speaking with the PM company I use to file my Failure to Pay Rent and Warrant of Restitution papers and she asked if I am getting the fees I pay her (the PM company) reimbursed by the tenant as "Additional Re...
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Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
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Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
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Looking for advice on security deposits and pet deposits in the Central Illinois area. How much should I get for security deposit? Should I get a nonrefundable pet deposit ? and/or addtional $ per month? I don't have ...
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I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent. Most people don't know that your typical ins...
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Here is my situation - I own a 1 BDRM condo in a 10 stories building on 6th floor, the condo is under home owner association (HOA). The apprised price on my unit is app 140k, I'm planning to rent it out in a next mont...
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Hi, I'm in contract on a multi-family house and it is already more than 3 month - that's much longer than the 60-day contract we have. And I can't close because the seller still has to get done a few things, he claims...