Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
What is a series LLC?
Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting. That process created more unnec...
If a tenant chooses to renew the lease do I need to have the landlord and tenant sign it all over again if they are renewing the lease for 1 more year? It does say in the lease that it will automatically renew but ...
Anyone currently doing this? What are the items/costs involved for setup and service? This would be over a few acre area with building spread out. Would like to hear any input regarding this
Thanks
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
Hello everybody, I'm new to the investing/BP Forum world and i recently just got my real estate license in the Tampa, FL area. I wanted to ask everybody what are some key things that investors should/do look for in an...
Two of our rentals have about 10 years left on them at 4.875% - refied 5 years ago on a 15 year term. These rentals have been in service for years and cash flow nicely. I recently set up a trust for my mother which no...
I am buying a duplex that is currently rented out with 1 year leases on both sides. The leases are up in November. The one caveat is that the one tenant has a fairly large pitbull. Was wondering what my options might ...
BP,We are buying a rental property in Seattle, Washington and our family would like to invest with us. They will be giving us $50k towards a $600k property. It is not a "gift", they want their share of the income and ...
I am managing 34 units now as part as my portfolio and considering going into the property management business and include properties outside of my own portfolio. So in Texas, I would need to get a RE license or part...