Joseph Nigro
Should I form an LLC for each rental property I acquire?
Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
Account Closed
Investors are evil.
Title catch your attention? Good, because this is the (incorrect) message my mind has been bombarded with for the past couple of weeks. I'll give you a bit of context to work with: I am currently taking the mandatory ...
Dominick Galinis
Paralysis by Analysis
Hi BP family.
I’m an aspiring investor looking to move my family forward and provide the best life for my daughter and I know that real estate is going to be the way to do it. I’m based in the Broward County, Fl mark...
Marci Stein
Q. about short sale situation
R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with si...
James Marszalek
Why Real Estate Investing is Just Like Football
To begin, ask yourself these questions... If this snapshot were taken from a Real Estate Investor's playbook: - Who are you? - Who is the opposing Team? - What do the boundaries represent? - What are the rules? - What...
Patsy Waldron
Tenancy in a Foreclosure-- what are probable scenarios?
Hello all!I have a question for the pros who deal with foreclosures (the process itself, selling them, etc). I have found a house that is in foreclosure that is being advertised for rent. This is in a city with a very...
Shankar Ramani
My best rental performance is during this pandemic!
I'm a part-time real estate investor for over a decade now with several single-family homes and a couple of duplexes. I got into real estate once my experience with stocks and other vehicles weren't working and I need...
Account Closed
California proposed giving tenants 10 years to pay their rent
No, I didn't make this up. In fact, you CAN"T make this up. It makes my head hurt just to think about it.I thought Seattle's 6 months with no rent payments was insane. This makes me really glad I've cleared out of bot...
James Allen
Do I have a lead worth pursuing for Buy and hold??
Hey Guys,So I found a 4 unit multifamily that cash flows pretty well. It may be a retail value as far as comps for the asking price are concerned but my question is should that matter if the cash flow is on point. Her...
Matthew W.
Millionaire that can't get a simple loan, need suggestions
I had a well though thought strategic default (under legal guidance) in 2010 on a residential RE property. Back then, the lawyer told me it would hurt me for only 3-5 years max. Well that is not the case at all, and...