Marc Pfleger
Drafting an Operating Agreement
The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
Thomas Harris
Tenant only gave 1 week notice to break lease?
Hi everyone, I would love some help with this. I have a tenant who still has 8 months left on his lease. He recently informed me that his mother has fallen ill and he needs to move to Texas to take care of her and he ...
Shawn Dandridge
Buying HOA Liens
I am wondering if I can go directly to property management companies and buy HOA liens? . I've been reading that many investors buy the liens and rent out until the bank forecloses. Has anyone ever done this? The way ...
Carlos C.
Thinking of moving my 2 Florida rental properties into LLC
Hi Everyone!Who is the appropriate professional that I would need to consult about legal aspects and benefits of moving my rentals into LLC? I want to understand what benefits it truly brings since seems like my insur...
Tyler Carpenter
LLC
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?
Marco Grier
(HELP) Quicken Loans Did Not Get Lien Release From Previous Owner
I found out this week (when I was about to sell) that a home I financed with Quicken Loans 5 years still has the lien from the previous owner. QL paid the person before getting a release and left it up them to just ge...
K W
Questions for current landlords
Some questions for those of you already involved in this business:
1. How many hours per month do you estimate you spend managing your own property? (example: one 4plex)
2. What percentage of your tenants stay at le...
Toan Pham
LLC for one property?
I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
Daniel Sweitzer
Tenants wants compensation for inconvenience !
My tenants want compensation, just wondering if any could shed some light on this issue?My renter txted me the other day saying the well water was bad at the acreage they are renting from me, they got the water tested...
Jason Na
If I can't househack, what would be my next best option as a first time investor?
My family of 3 have recently moved to Atlanta area from SC. I started looking for my first property investment and can't believe the amount of information I'm getting in here!I purchased a SFH for our own family here ...