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Hello Everyone, my name is Morris and I have recently moved to Mobile, AL. I am new to real estate investing and I have done plenty of research, now it is time I hit the ground running. I am looking for a local Real E...
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I'm at the point of considering a LLC for my 5 FL properties and 1 in AR but not sure how to structure. I have heard from colleagues that a LLC is a way to go but, I deferred creating one because I did not want to ha...
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I don’t want to offend them, but I find that asking them why they are thinking about selling gets me nowhere. They always evade the answer to that question.
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Hi, I have a property that’s been brought to me. It’s in Columbus, Ohio. 27 units and 4 garages. Built in 2003 and all Two Bedroom Units.What questions do I need to ask prior to this investment? Asking Price - $2,575,...
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So I have a tenant who has not paid their rent on time since the beginning of the lease in Jan. and also has not paid rent for May at all. They have now stopped repling to our commications since I told them that they ...
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I know part of maintaining a corporate veil (LLC is my case) is to make sure you don't use business funds for personal use, but is it ok the other way around? i.e. using personal credit cards/bank accounts to fund bus...
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Hi all,
My question is pretty simple. I have spoken to someone via FB about my rental and they answered my pre screening questions well. They seem like a good fit. The only thing I’m hesitant with is their monthly i...
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Hey guys, would you consider putting a dent in a stainless fridge normal wear?(quite noticeable dent at eye level) If not, how does one charge for damage that can't be fixed?
I manage a two story 10 unit apartment complex in Los Angeles. We recently had an incident which involved a drunk driver crashing into our concrete stairs.I contacted a contractor and he offered to repair them for $13...
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Hello Bp Family, I own a rental property free and clear. My question is should i do a cash out on this free and clear property to purchase another property and do the same thing over and over with cash out's. Or shoul...