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Would you start an LLC if...- you owned 1 rental?- you owned 4 rentals?- you owned 10 rentals?
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Hi - a new landlord here and need some advice. I just rented out a single-family home to two last year in college students ( they are a boyfriend and girlfriend). They did not have a good credit score, but they have a...
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I have my eyes on a few foreclosure properties around Boston with auctions coming up. Has anyone had experience with on-site auctions in Massachusetts? I have access to capital and can run due diligence before the auc...
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Can a relative of a deceased person who had a reverse mortgage sell the property? Is there something to look for in the contract language or is it pretty much a dead issue? No pun intended.....
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Good afternoon! It's been a couple weeks since I've posted. My rental property is now cleaned up and I've had 2 showings with another set for tomorrow. Today, however, I received a call from someone in Texas that soun...
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I have 4 mortgages where I am paying approx. $35k per year in interest. This obviously reduces my tax burden. With other deductions, I pay no taxes at all. I have the funds to pay off these mortgages. Would it be wis...
I already own a single-family house that I reside in. Now, I am planning in buying investment properties in Sioux Falls area - wondering if single-family is better than duplex or triplex property on its return and ren...
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I found an article at This Link entitled "Sell Home to S Corporation and Then Make It Rental Property" fits my situation pretty well, except I want to sell it to an LLC that I already own. Would the article apply to m...
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Hello Guys,
I am in a situation with my insurance for a property. My previous insurance expired and I changed the carrier and got a new insurance under my LLC name. However the mortgage company ( a local credit union...
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Hello BP,Just curious to hear how other GPs keep LPs in the loop when they are looking for deals/do not have any opportunities currently available for them? I know some like to do newsletters/mailing lists but I was c...