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Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
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Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...
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I just completed my first deal after years and years of taking no action. It's not a homerun, but it's my first and I'll take it. I bought a REO from the MLS with a partner. We were originally looking at cheaper con...
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First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
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Good morning BiggerPockets,
Would love to get your input on how to deal with the following situation.
My tenant for the last 7 months whos lease will expire at end of May next year just called me and told me that on...
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We have bought and sold several properties without an agent. We contacted a seller's agent and asked to view a home. He said he was out of town and would send Susan to open the house for us. Susan opened the door for ...
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For those of you guys that still have day jobs... Does your employer know about your REI. I would like to hear the pros and cons of both sides. I will go first. My employer is fully aware that I am investor and close ...
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Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
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Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...
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I need to remove a negative mark on my credit report. I went through the WHOLE dispute process a few years back. Nothing happened. What do I do next?