Hello,I have recently started an LLC and have a personal house. I have 2 room mates moving in that will pay roughly $100 more than the monthly mortgage cost. I would like to take the rent payments in through the LLC t...
Good Morning All,I have a cousin living with me, she has been paying $500 per month for the year for a year; she does not have a lease). She moved in with one child, now she has 2, there is not enough room for her any...
Under contract on a duplex and it seems that the current owner does lawncare. Any ideas on how to push this onto tenant? No garage so no place to store lawn equipment. Increase rent and pay law service out of incre...
Hi, looking at doing a 1031 exchange; property being sold will net $545k; capital gain will be around $150k and I will end up with around $320k in cash. Let's say I find one replacement property for $320k that I buy ...
Good morning BP community. My question today is on using partial seller financing and a private lender, I would like to know if this general example would work . (Not real numbers)So I recently found a deal for a cash...
Hi Everyone, I wanted to know if anyone has experience renting a home or condo to multiple individuals? I am planning to rent my condo in CA to 4 individuals, the condo has 3 beds and 2 baths. I will be paying utiliti...
Hey, All!
I’m starting a FB Ad Campaign to help distressed homeowners in preforeclosure and could use some unofficial advice on the law.For context, I’ll be providing actual support (showing them how to request payme...
I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.) He pays the $50 late fee without complaint. He asked to move his pay date from...
Wife and I are at crossroads. Our long term plan is REI in order to provide for the family and our kid's (currently 2 yo.) future education. We are both 40, bring home about $160k and have approx. $100k liquid to inve...