Lisa D.
damaged kitchen cabinets in California
I wrote into the lease contract and included pictures of the brand new pristine kitchen cabinets. Tenant moved in and immediately applied shelf paper with double sided tape, destroying the surfaces of 13 separate draw...
Josh Harms
LLC where to form
I have about 45 rental property. I have great insurance with a balloon policy. I need to set up a LLC but I am not for sure if I need to set it up in Illinois where all of my property is located or in another state....
Naeem Kapasi
Partnership Contract Guidelines
Hello BP nation!I am going to buy a fix and flip with a partner and to protect ourselves, we want to get a contract between us that describes the partnership and how things should go in a 'smooth partnership'. I reach...
John Canchola
Partnership, S-Corp or C-Corp LLC? for passive cash flow?
Hi GuysMy dad and I are 50/50 Managing Members of an LLC (filed as "Partnership"). He is 62 and I'm 42. A couple of years ago we just paid-off our bank loan, reduced our operating expenses to a bare minimum and are r...
Bob Malecki
Goldman Sachs fine from DOJ and current low NPL inventory
I recently attended the Note Expo conference in Dallas which is annual event which provides me a basic snapshot of the landscape for distressed mortgage debt. Although most of the presentations were more operational i...
Jordan Greenbaum
Creative financing contract templates
I am speaking to a few owners currently that are interested in exploring creative financing options with me. Some would seller finance and some would need to be subject to. I do not have any previous experience in cre...
James H.
Number Two on the Books
Just want to thank everyone for all the info provided here. I bought my first rental about 1.5 years ago. Last week I collected the deposit to rent out my second unit. This house was purchased as my primary 4.5 year a...
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Trada Properties...anyone ever bought a 4 plex from them
I am considering buying a 4 plex from trada...they build it new and when its ready for occupancy you start your mortgage... :pup: :shock: :D :goofy:
Jeffrey Evilsizor
Limiting Liability
I am a new investor. I have two houses in the Phoenix market under rehab for fix/flips in separate LLCs. I live in Kansas City. I have a trusted friend who is overseeing the rehabs that gives me confidence to invest...
Leslie B.
How to: Buy rental & preserve first time home buyers credit
As a first time home buyer, how can I get started with investment properties and retain my first time home buyer benefits for when I am ready to purchase my first home to live in? Currently, I live in San Francisco, I...