Steven Rogers
LLC Partnerships - what's registered to the LLC vs individual?
HI All,I'm looking into setting up a 50/50 partnership with my partner. One thing I'm not too certain of, is what exactly should be done under the LLC name, vs the individual names?For example, it seems as though the ...
Ryan Sun
Maximize the use of the 10 conventional loans for a married couple
We've learned that each individual can secure up to 10 conventional loans with favorable interest rates. To maximize this opportunity, it is recommended to utilize the full allocation of 10 loans per person. As we pro...
Peter Sik
circuit beaker trip twice
I have received the following msg from my PM:"We have experienced our fuse box trip twice while no one is home- with little to nothing turned on. This is becoming worrisome considering we have kids and dogs in the hom...
Marvin Phelps
Advice - Residential home leasing to assisted living company?
Hi all,As a newer landlord I wanted to reach out and get some advice on a topic. I have a single dwelling home in Texas that is for rent. I was approached by an assisted living company to lease out. They would put two...
Account Closed
5 Things That Get Landlords in Trouble in Michigan
5 Things That Get Landlords in Trouble in MichiganBuying a house and renting it out sounds simple. Really--it is—but the government, as usual, steps in and mucks things up. The following are five things that the RPO...
Jonathan Goldberg
How to divide up the work with a partner?
A close friend of mine and I have both done a bit of real estate investing. Now, we have decided to pool resources and go after some larger opportunities (multi-family, buy & hold) together. I remember in one of t...
Corey Dutton
Bank Don't Commit Crimes - Bankers Do
This was one critic’s response to the recent announcement by the U.S. Department of Justice that it is about to ink a settlement with Bank of America regarding allegations that the bank misrepresented the quality of t...
Eric Fernando
Renting to unrelated individuals
I recently bought a two family unit in NJ. I live in one unit and the other one is for rent. I have an interest from 3 unrelated individuals who work at the same restaurant interested in renting the unit. It is a thr...
Alicia Collins
LLC or personal name for all-cash offer?
Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
Don Pham
Novice investor looking for a plan
Hello all! Just to give a bit of a background, I'm a pretty novice investor. I bought my home in 2010 when the 40k I was saving up for a downpayment was able to buy an entire property outright and have been house hack...