Do you all create your own LLC's or have an attorney handle it? I just left the Secretary State office and it's so much easier creating it at the office then paying an attorney to do what can be done in 15 minutes.
Hello there everyone. There is a random dentist office that has been sitting in a residential area next to my house for the last 10 years vacant! The owner died and it seems they tried to sell it a few time but with n...
I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
This post is for someone looking to purchase their first deal and who wants to keep things simple.I've been investing for around three years now. Initially I had no one to help me. I did my own research, took the plun...
Hello, I have an unusual starting point, and I could really use some good advice. I'm 23 years old, moved to Los Angeles, California, 3 months ago. Originally from Israel, my father is an experienced real estate inves...
Hey guys, I was wondering if any of the professional property managers could share with me what online tool do you use to collect payments online from tenants?Ive been using one company as a landlord and its been fine...
Hi, I've made an account just to ask advice on this question. Currently I'm negotiating with a seller who is a contractor and has rehabbed a single-family property. As a side agreement, we are asking him to convert pa...
I have a great long term tenant since 2002, who has never been late paying. Last week he went out of town and forgot to make his payment. We texted and he said he would deposit his rent on an agreed upon day, the day ...
Hello everyone,I believe that experience is the best teacher, and since I don't have much yet in this industry I'm looking for responses from those that do.I understand the best way to generate leads and put a house u...
I have an friend who is investor who is wanting getting rid of his properties, but wants to do a lease purchases. His problem is he doesn't want to manage tenants/buyers. He has come to me to manager the deal and he...