Jason Morrow
Developing a brand with a rehab or flip company
I am well into reading E Myth now and like many others it recommends developing a "Brand" for a company to create the value rather than in the product itself. Because of the separation most of us will have due to not ...
Zach Whitt
Question about partnership filing. Did I make things more difficult on myself?
First BiggerPockets post!
Here's the situation. My dad "gave" me half of a property (my first rental property) in June of last year. Shortly after I made a joint business checking account with both of our names on it...
Bruce Kinser
Quitclaim and Grantors Tax Implications
I thought I would throw this out there as I didn't see it addressed in any of the archives. The Grantor of a property is asking me what, if any tax consequence, would occur if she transfers the deed to me via a quitc...
Marci Stein
3 adults living in house, only 2 willing to sign lease renewal
Lovely couple and her sister living in House . great tenants . sister says she might move back to Florida one day and refuses to sign the lease renwal along with the others. not sure how to proceed. I don’t see any n...
Ryan Sajdera
Is leasehold property a good idea?
Has anyone ever purchased a deal where a municipality owns the land and the improvements and rents it to the tenant to sublease? This example is an apartment complex in an industrial area owned by an airport. The "ren...
Bar Shalom Laniado
Two states investments
Hey,I am a Wisconsin investor and I consider start investing in TX.I have LLC in Wisconsin. Could you please advice regarding the following:1. Can I use the Wisconsin LLC to hold my TX properties?2. Should I do it? A...
Julia Yels
Property Management Inquiry Virginia
Does Virginia require that a property owner have a property manager for their rental property? Or, just a licensed agent that executes the lease and takes escrow payment? In other words, can I self manage?
Dennis Tierney
Congressional Eviction Moratorium
https://docs.house.gov/billsth...
Better write your members of the House. Their new bill has a 12 MONTH moratorium on evictions Page 962. The rental business as we know it will be ruined.
Dave Homyak
Offer Contingent on Eviction of Tenants? Anyone Experienced This
Client saw a property he likes. Duplex. Both tenants have leases lasting at least a year. Tenant in bottom unit has abandoned cars in driveway, trash outside and trash inside, based on looking through windows. My ...
Gayla Kemp
1031 exchange, tenants in common
Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...