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How do you purchase rental properties and get them put under your LLC? Are you buying them with your name and then transferring the deed? What is the best route to get homes purchased and under my LLC?
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Lets say I hire GC, I sign a contract that among other stipulations says that I pay only to GC. GC hires subs. Lets say he hired painters team. Guys are not licensed or insured …one of them falls off his ladder and...
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So, this post is NOT meant to scare you, newbies. But... this is gonna freak you out :) This tenant is in the process of being evicted. To make matters worse, he lit his kitchen on fire; accidentally, supposedly. Anyw...
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I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...
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Hi all,I own a townhouse in Bellingham, MA that I have rented for the past four years. Our tenants lease came up at the end of December and we are now under contract to sell at the end of January. The tenants left t...
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I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...
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I am currently operating my mid-term rental in Hollywood, FL. I did get my first guest, on AirBnb, who booked for 70 nights. While i'm happy, and relieved, I don't want to take my foot off-the-gas, and ensure i'm posi...
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I have a dilema. A potential renter has a pit bull and I'm a little nervous. What is my liability if I allow pets, and her dog bites someone? The unique thing is she is a Sheriff's deputy and has better credit tha...
Hey gang, One thing ive heard alot from folks lately about is how they are having their spouse qualify as real estate professional status, and getting the hours for it via having them "manage the property manager" and...
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Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...