Account Closed
tenant not signing lease FL
I provided the tenant with a lease over 9 days ago and have reached out twice since then asking about them signing it. If the tenant is unwilling to sign the lease in FL- does that mean we are on a month-to-month bas...
Jay Thomas
Property Tax Doubled. Help!!!!
I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
Wendy Lavana
Low Income Housing - Creating an pool of donations from property owners to maintain neighborhood, any advice.
Last year I purchased two fourplexes in a low income housing neighborhood in Ft Lauderdale. Three years prior to my purchase I lived no more than 3 blocks from the area I recently purchased in and while I was there I ...
Anna M.
PUTTING YOUR REAL ESTATE IN A TRUST ACCOUNT
SCENARIO: 1. Every property gets its own trust and ideally it’s own LLC - check! (Got that) 2. Give the trust a unique name that does not bring it back to me (Anna) and give it a P.O. Box address - 🤔Question?☝️ Won’t ...
John Warren
Investing in "D" areas
Hi BP community,I have a confession... I am considering investing in a 'D" area! The other day I was helping someone from my church who's mission group purchased an 8 plex in a "D" area of the Chicago suburbs. They ar...
Ken D.
Potential tenants that can't speak any English.
Today a family of 6 (3 adults, 2 babies, and a 10 year old) viewed one of my apartments but only the 10 year old could speak English. I tried my best to speak to the adults through the 10 year old but the child strug...
Chris Allen
Allowing a guest to move in with Tenant?
Background: Just closed on my first househack duplex where I inherited tenants. The tenants are a married military couple who had just extended another year prior to me closing the property. I have already talked with...
Brian Larson
BRRRR Calculator/Analyzer
I am not sure if this is the right place or not but I have recently bene going at the BRRR strategy exclusively and have build a spreadsheet that lets me quickly analyze a deal that comes across my inbox. I hope this ...
Jacob Hanson
HELP! Minneapolis proposal eliminates credit score for screening!
Minneapolis is proposing to not allow landlords to use credit score as a factor for screening tenants. Evictions older than 3 years and felonies over 5 years cannot be used to disqualify candidates either. I'm a new...
Bill Bob
LLC vs TRUST vs Umbrella.....?????
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...