Zack Williams
LLC for California Residents
I'm debating whether or not if it makes sense to get an LLC for my out of state investment properties? I know it would make sense from a legal stand point but with the $800/yearly cost taking away from the cash flow i...
Mark Forest
Help with renting to family members
My father is almost 90 and is having both mental and physical health problems. We own the house next door to our personal residence, and it is currently vacant as we do some finish work to it. If we rent the hous...
Kent Verge
Cash-out refinance after rehab on first of two houses on property?
I'm thinking ahead a bit, and I had a question about doing a cash-out refinance.For some background, I bought a buy-and-hold rental for cash; it included two houses: a 3/2 in the front, and a separate studio cottage i...
LaTanya Green
How to Obtain Financing
Hi all. I am interested in investing in short-term rentals but don't think I will qualify for a loan right now. My annual income is around $90,000, my monthly bills add up to about $4000 and I have one mortgage but no...
Andrew Acuna
Interested in showing...then what?
I've done a couple turnovers of my rentals and have been fairly successful in screening, but I always want to be better. The question is- when you get a lead (Zillow, trulia, Craigslist, etc.) that says they want a sh...
Josh Carter
Investing with a "disqualified person"
Hi everyone,I am about to go into contract on a 5 unit property with a family member who is a "disqualified person." Now as I understand it's ok to partner with a disqualified person but not to loan money to or from ...
Phillip S.
Legal definition of "bedroom" in Maryland/Baltimore
Apologies if this question has already been answered elsewhere in the forum (probably has just can't find it). Does anyone know what qualifies a room as a "bedroom" in Maryland and more specifically Baltimore City? ...
Linda Thomas
Tenant requesting change in the lease
Hello,The lease is in 2 sisters names. One of the sisters contacted me asking when she can remove her sister from the lease? I think it is best to ask some follow up questions such as is the sister moving out? is some...
Omar Ruiz
Millennials Generation is a Renter Generation
According to Fact Tank at the Pew Research Center, 2015 will be the year the “Millennial” generation (Ages 18-34) will surpass the Baby Boom generation. As the numbers of Baby Boomers decrease, due to normal life expe...
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Broad Strokes
This is a question for the well experienced and seasoned entrepeneurs who wish they could go back and do it all over knowing what they do now.
I am a pre-newb. In about a year, I plan to take a chunk of cash totalli...