Brad Jordan
Cool MLS Hack
Recently I started using this tactic when making offers directly to the MLS and it works. It has some drawbacks that I will outline later. I can't say I'm the originator of this but here's the deal.I have the broker o...
Patrick I.
Rental property without LLC - Due on Sale Clause
Hi everyone. I am fairly new to the forum and have been doing a lot of reading to prepare myself for my first deal. I met with a mortgage originator at one of the large bank in Minnesota today who told me that a trans...
Jennifer Hillberg
When do you form a corporation?
Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.
I have 3 rental houses that I've aquired over the last couple of years. I plan to jump into real es...
Martin Potokar
Triple Net Lease - A Commercial Property Inspector's Perspective
IntroductionWhile Triple Net Leases continue to gain popularity over the years in more ways than one, especially when it comes to placing responsibility for the cost of maintenance and repairs on the tenant in additio...
Nathan Gilbo
First Deal Advice
Hello,I am looking to make my first jump into the rental market. I have been doing quite a bit of reading and decided I am going to pursue an FHA loan on a prospect property.It is a 2 unit property a 2 and 3 bedroom....
Bryan Petrinec
LLC Rent back to member - Is this legit?
I am in a partnership with my father and brother in a parent LLC that then has property LLC's under it. My father is down sizing and is in the process of buying a new home as his place of residence. Although we only...
Mike Bowling
Rent my house
I'm not sure if this is the correct forum to post in... Do I have to have my realtor license to rent out my house if I'm still paying my mortgage also if eviction did come across am I allowed to evict?
Petur Karlsson
Optimizing landlord insurance
Hey everybody!I've reached three rental properties, totaling six units. I have landlord insurance on all three, and require the tenants to have renters insurance. I operate them as a sole proprietor by the way.What do...
Allen W.
What to do with cashflow?
Hello all,I have 1 rental and it cashflows well. But, like everyone else; my goal is to have multiple properties.At what point did everyone begin to enjoy the fruits of cashflow rather than save it and roll it towards...
Jon Mccarthy
Curious
What and Why would someone sell two 4 plexes at the same time. I just can't seem to connect the dots. They are old, I drove by them they look to be in good shape. Not bad cash flow from my guess on the numbers they po...