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Hi guys! I am new here, and I am trying to teach myself about real estate. Is a real estate license completely necessary? I have been told that it's not if you are just going to be renting instead of selling property....
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Howdy all,What are the drawbacks to forming an LLC without the assistance of an attorney? In my state of New Hampshire, I can register a new business entity through my profile on the secretary of state website. I do h...
I understand that GP economics will vary from deal to deal and they can always be negotiated. But does anyone have any resources I can review to better understand how things are typically split between the GPs?
For e...
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I am changing the payment frequency and due dates for a tenant at their request and I am trying to determine if I should use a lease amendment or a new lease. They are currently month to month.
I think the advantage...
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It's that time of year again when I'm trying to figure out if I should aggregate all my rental properties into a single activity with the 469(c)(7)(A) election. I'm aware that it removes the $25k deduction cap, so th...
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I have recently set up and LLC and am going to be buying 2-3 rentals withing the next 6 months. I currently have none as I have sold the single duplex I had. I am wondering what, if any drawback would be of buying the...
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Hi - I just purchased an under/over duplex. Unfortunately the natural gas and the borough water/sewer/trash is not separated. Therefore, I have to do my best to divide the bills as fairly as possible. Would it be ...
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My husband and I own a successful health facility and are frequently bombarded with offers for credit cards and lines of credit. I typically throw these away but we are starting to get our ducks in a row to begin our ...
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As passive real estate investors, we're often presented with opportunities both near and far. The allure of out-of-state deals can sometimes overshadow opportunities right under our noses. But should we be investing i...
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We are working on finalizing our first flip in New Jersey and were approached by a prospective buyer who happens to be renting from us currently at a separate address. He is interested in a lease to purchase agreemen...