Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Jordan Moorhead
Low Income Rentals. Do you like them?
So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
Robert Timm
Mortgages through an LLC
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
John Thedford
BP Is A "HOTSPOT" Of Illegal Activities
Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...
Kim Herrick
Inherited tenants in new duplex
This is such a rookie question but I have to ask it anyway. I am going to close on a duplex and I just found out the tenants are a month and a half behind in their rent. It is an estate sale so I am not sure if they...