Sarah Humbargar
Should I form a Management Company for our Assets?
We are soon to have 4 units between 2 properties and at this time I self manage everything and will continue doing so into the foreseeable future. We've received 2 different legal recommendations and are trying to dec...
Justin Wright
Looking for an Asset Protection Company
Hey everyone,Short story version for anyone who doesn't want to read all this: Do you have a good asset protection company you recommend? Detailed version:My business partner and I have been real estate investors fo...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Robin W.
An Ideal Dog Agreement
I got myself into trouble by verbally agreeing to a tenant's question during a signing over a year ago:These A+ tenants said, "We're interested in getting a dog at some point. If that's ok, we can sign a two year leas...
Brandon C.
When To Create an LLC?
Multiple sub-questions when I ask this because I get pretty confused on this topic. When and why do I need to set up an LLC (For rental investing and flipping)? Will having an LLC for 'each' property do any real justi...
Rob Krin
The RIght Structure - am I getting ahead of myself?
Hi BP CommunityRob from Central NJ here.So I'm wondering if this question is a bit pre-mature considering I haven't bought my first proper investment property yet. I own 1 rental in a 55+ but it is occupied by my wif...
Chris Pflum
Due your flood zone dilligence
If you haven't been paying attention, there are new flood zone maps currently in the public discussion phase that are going to be instituted next year. The Tampa Bay area is going to see a significant amount of prope...
Pam Marcum
Not only am I against it....
I think it's criminal. It will be the direct cause of many, many deaths, especially of the elderly. A man from the British parliament was on tv the other day and stated that in the U.S. a man with early prostate can...
Account Closed
CODE OF STANDS FOR PROPERTY MANAGERS
Over the years on here I've seen some questions regarding people wanting to become Property Managers and how they would handle entering the data into a financial software program. What they don't realize is that there...
Ahmed Youssef
Turnkey is asking to ignore the appraisal value
I'm I not reasonable for not signing my turnkey contract because it has this condition? "If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicate...