Mindy Jensen
How do you politely ask your vacationers to leave?
I am traveling this week and next. I was working in a hotel room yesterday (wow, that sounds bad) and checkout was noon. I ended up leaving at 12:06, not a huge deal, but I can see people still in the room at 12:15, 1...
Daniel Yip
Tenants Break Up - But BOTH Want To Stay - What should I do?
All, I have a sticky situation. Any advise would be appreciated.My tenants (boyfriend, girlfriend) have broken up ... the man is the sole bread winner. The woman stays home to care for the kids (they are of a mixed f...
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
Ashish Maheshwary
Transfering title to LLC
Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
Tyler Carpenter
Rehabbing Value?
I know that usually when you buy a foreclosure for rehab, you are getting a good deal. My question is that if I buy a place and rehab it for 50% of the ARV and get a refinance, should my NOI still give me a positive c...
Wesley Piard
Sell a fully owned house to start investing? HELOC?
My grandma lives with me (and my younger brother) in Gainesville, FL. I am a full-time college student and working sometimes 40+ hours a week. We are currently renting a 3/2 home for ~$1300/mo. She fully owns a home ...
Seth Hochberg
Best Way to Pull My Money From Retirement Accounts
I'm new to the real estate game, and I'm making a hard pivot in my financial strategy on where to allocate my money. All my life, my financial aspirations have been to max out my retirement accounts, but now I am tryi...
Aimee Tarte
Does it hurt credit to constantly BRRRR?
Hi everyone!I am looking to do a good amount of BRRRR deals this year, but was wondering how it works with credit since you’re constantly refinancing and pulling credit.How do you protect your credit while being very ...
Gary McKissick
Forming your LLC
New Investor who will be purchasing their first multi-unit (2-4) this year. I had a question about my LLC. A little about my situation, I live in Denver but will be investing out of state in Dallas/Ft. Worth due to ...
Brent Mattison
IRA to fund LLC
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...