Joseph Nigro
Should I form an LLC for each rental property I acquire?
Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
Kevin Moules
Where in CA are you investing for CF , or are you?
Hello BP members!I am new to REI and joined BP several months ago. We live inTurlock, CA and are looking for buy and hold multi family opportunities for cash flow. Although not opposed to SFH (just want to scale faste...
Eve W.
If the rental property is under my name, can I collect rent under the LLC business account?
The deed is under my own name since I am personally liable for the loan.
Can I have my tenant make the rent payment into my LLC business account? thanks
Reid Hanley
How to tenant screen Immigrant Tenants with no U.S. ID
I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
Account Closed
MY FIRST EVICTION NOTICE, Crazy Tenant
Not really a discussion but a funny and stressful story. A tenant of mine has completely lost her mind! I'm sure plenty of you have been there! She started sending me rude, insulting and unprofessional messages. This ...
Robert Regis
Appreciation/Potential of NWI
Does anyone know of the appreciation potential in northwest indiana? I am from Chicago and the political climate and high tax rates seem like it would be rife with opportunity. Illinois has more people leaving the sta...
Jon Klaus
1031 Exchange from a multi-partner LLC into a single owner property?
Selling property in an LLC that I own with another investor. I'd like to 1031 exchange my portion into another property that I'd buy myself. Kosher?
Tyler Wisner
Estimating expenses on apartment buildings
Hey everyone, I’m getting into small apartment investing, I’m looking for a 5-8 unit property at the moment, I’ve read people use the 50% rule, as a rule of thumb when making offers, does that generally include your v...
Reginald Smith Jr.
Wholesaler's EMD not considered legal equitable interest anymore.
Hello all. I'm a property Wholesaler in Florence, SC. My Realtor received a disturbing news letter today from the South Carolina Real-Estate Commission titled, "Wholesalers." The newsletter was informing her that EMD'...
Levi Perl
Realistic to raise rents from $825 to $1150?
I inherited tenants in March 2024, who’s lease is ending in October 2024. They are paying $825/month. It’s a mediocre but not killer deal for me to not renew lease, rehab and rent to new tenants, as I’ll make only 8% ...