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Hi all!I would like to get some advice regarding landlord/tenant responsibilities. Maybe some of you can shed some light on my situation. Thanks in advance!I am a landlord in Chicago and own an apartment unit in the b...
I've got a potential deal in the works. I could be purchasing for $30k with $20k in rehab. I've got a private lender (family member) who is willing to lend me an interest only loan on the entire amount.
This will...
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Hello biggerpockets, My property in Hudson county New Jersey is owned by a LLC. I need to evict a tenant for non-payment now. Do I need to hire an attorney to kick off the eviction process? Or can I file ...
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Anyone ever heard of a promissory note?
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New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
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So from reading several posts regarding LLCs and REI, it seems pretty obvious that you don't need to, nor should you, start and invest using an LLC until you are much deeper into the game.
My question is this: If ...
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This is kind of a long story so I will just shorten it tremendously.My previous tenant (also my first real tenant, besides the previous owners of my multi-family home), was schizophrenic. She thought that my wife and ...
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Currently I am a buy and hold investor in state of NJ. I do own all properties under my personal name (liability is covered through an umbrella policy). I am planning to open a LLC for future property purchase. Can so...
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According to this document (https://www.state.nj.us/dca/divisions/codes/public...), it states:---A landlord must allow the tenant to renew the lease unless the landlord has good cause for an eviction under the Anti-Ev...
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Hi BP,
I am an out of state investor and looking for a tax accountant to provide some advice on how to structure my operations and file my taxes next year. How important is it for your CPA to be local to your propert...