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For somebody who is looking for their first property, I am thinking about starting an LLC to reduce my liability. Should I look at starting an LLC immediately, or would it be better to wait?
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I am looking at purchasing my first long term rental property and was wondering if setting up an LLC would be beneficial before purchasing the rental home?
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Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...
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I have heard several people mention that buying wholesale properties is an ideal path into the buy and hold investment world. I've listened to many podcasts that explain wholesaling and I can see the benefit. However,...
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Greeting all,I have just finished up a purchase agreement on a 4-unit fully occupied building that I will have to owner occupy because of FHA requirements (one unit is in the process of eviction.) I am in the underwri...
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A developer bought the SFR next to my apt building and he called and wants to cut down my tree on the corner of my lot, the trunk is just a few inches from his property line. He said he will hire an arborist and will...
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Hi there,I have a tenant with two pitbulls. The tenant was in the building when I bought it (I've owned the building for 2 months) and he claims to have an insurance policy covering them.My insurance company is sayin...
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I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
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Hi folks, I'm a software engineer trying to brainstorm and evaluate financial products that landlords would find helpful. I'm hoping to outsource the idea generation part to you guys. I've listed a couple half-baked i...
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$3K? $5K...$10K? How much per house do you set aside for an emergancy, evections, something broke?