Eav Lim
Wanting to put property into series LLC help.
Hello, I am new to this forum.I already have a property series LLC registered in Nevada. I have 4 properties located in Nevada which I am creating a quitclaim deed to transfer to the LLC. There will be 2 members of th...
Timothy Lon
It can't be a good deal, or someone would have already bought it.
Hello All,Brand new member, second post ever. I am currently researching prospective MFHs for my first rental property with the intent to buy soon (my houses closes the 22nd, which is going to be used to help with th...
Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
Amber Bennett
Preparing for a large commercial property ownership by 2028
I am a residential realtor with experience in helping investors purchase residential properties (which is 4 units or less in Pinellas County, FL) but none in commercial. By 2028, the goal is to own apartment buildings...
Stephen Schoon
Reasonable Expectations from an Agent
I've got a question for you agents. It's basically, what are reasonable expectations I can have of my agent? Allow me an anecdote to specify. I plan to move to a different city (1hr away) soon. My approach is to p...
Jake Recz
Ohio Property Management - more hands on approach
Sometimes investing out of state is the only way to get decent cashflow. I suppose a lot of out of state investors want to be hands off. Now, what happens if you have a property manager, but you would like to be more ...
David Richmond
Opinions on debt in a rental properties
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
Usman T.
Landlord obligation under "will not disturb the peace and quite"
I have 4 tenants that are roommates, that are sharing an apartment together in Philadelphia, PA. One roommate is complaining that the others are: Threating herMoving her stuffNot allowing her at all enter or exit the...
David Espana
Using SDIRA for private lending
I have set up a self-directed IRA account for my real estate investments. I have been approached by an investor/developer to lend second or third position on his projects (which is allowed by my SDIRA custodian as lon...