Collette Douglas
Potential first duplex deal? possible structural issues...
Hi all! I just noticed a new MLS listing for a duplex, each unit is a 2/1. One is vacant (rents 575) the other is occupied at 475. I am getting the estimated repair value for what the agent has dubbed "structural i...
Andy S.
Repair Deductible Charged By Landlord
For my rental in New Jersey, I have set a deductible of $60 whenever I make a visit to do any kind of repairs for the tenant. For example any water leak, of the contractor charges me $250, out of that $60 tenant pays....
Jenny Amado
Starting an LLC or own under my own name
I am trying to plan out my start into Real Estate. My plan is to save some more money over the next 6 months to purchase a cash property while at the same time just register for an LLC and work on building a credit l...
Hoi L.
Should I put my first investment residential property into a LLC?
Hello fellow BP friends!Just agreed on our first residential SFP and waiting for the closing in mid-November. Wondering if I should buy it through our newly setup LLC or buy it under our name.Background:-we are both ...
Nur Al Sharif
Recommended Entity Formation Attorney?
Hi all, I've been looking for about a week now in Los Angeles for an attorney who specializes in entity formation, with experience geared towards real estate.We are establishing a multi-member LLC as a parent company,...
Cory Peters
Renovation on occupied unit
I am under contract on an occupied rental. Once we close I don’t want to see evict tenant as they pay on time at market value and have also been there for years. I’m running into and issue, during inspection we found ...
Brandon Sturgill
Acquiring a Storage Facility Subject-To?
Does anyone have experience with this?...attempting to structure a deal on a storage facility with an underlying lien...seller willing to carry-back financing...Are there any pitfalls to this or anything different fro...
Mike Sperano
STR Insurance AirBNB
Hi all,
So far totally stricking out. I have contacted 4 insurance agencies and none of them insure STR under an LLC. Where is everyone getting insurance from in NY? If I put the property in my personal name then it...
Bud Evans
SFH Rental in Pittsburgh 6
Investment Info:
Single-family residence buy & hold investment in Pittsburgh.
Purchase price: $79,000
Cash invested: $2,500
SFH in Pitt. Purchased with a combo of HML and PML.
Kar Sun
Tenant does not report issues timely
I have a good tenant with a demanding schedule.
He pays on time and keeps place relatively clean.
I respond to all requests immediately and always work with him.
However, he does not follow certain parts in our con...