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My tenants moved in last July to a 3 bedroom house 🏡. Today the husband asked me what would happen if they leave the house as the market has gone down and there are cheaper houses around now. They are mostly determine...
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Hi all!We just opened a LLC for our rental property. I have a quick question regarding the LLC bank account. Of course this is where I keep the security deposit from my tenants. I use Venmo to collect rent. Do I need ...
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Hey, Everyone; I have started seriously looking into investing in real estate the past few months after listening to Bigger Pockets while commuting to work and seeing how much it has changed people's lives. I no longe...
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Hi everyone,
I've recently got a bank owned duplex under contract in Canton Georgia with two tenants occupying the units. The bank is selling it occupied and I'd be responsible for dealing with the tenants after clos...
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I am wanting to set up a self directed IRA, not sure the best or safest way to go about it. using companies found on the web seems sketchy? any suggestions?
My wife and I recently(June 2016) rented our home in MA and purchased a new home in a better school district in NH. We have what appears to be great tenants and a 2 year lease agreement in place that earns us $400 in ...
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Hi all, Found a property significantly under market value. Not sure how to go about finding all the variables, such as leans, etc. Offer states. Buyer will receive quit claim deed with no title insurance. Seller will ...
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Hi. My name is james and I'm trying to get started in my rental business. I have one house right now that I'm trying to get fixed up and rented out. And I Only have about $3000 saved up and was wondering what anyone t...
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I am in the process of purchasing a wholesale property and I have it under my personal name. I was wondering if I could "transfer" it to a LLC name that I make for whenever its time to rehab and resell it so I get tax...
I was just wondering what liability issues exist with rental properties. Should I buy them with an LLC. The other issue is I want the cash to be mine not my companies. To be able use the money from my rental to pay my...