Kevin Lefeuvre
Creating a LLC just for renting and managing my own property.
I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
Peter Morgan
Tenants not motivated to get vaccinated !
Hello,Covid vaccination is now currently available in my area for free and I myself wavered quite a bit before registering to get vaccinated. I initially wanted to play wait and watch but upon watching few YouTube vid...
Graeme Ford
Crazy Tenant = So Much Damage
Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
John Hodson
When is a cracked foundation a bigger expense than the house?
Hi BPers!I'm getting close to close on a property and there are cracks in the foundation that the inspector found. I'm asking the inspector for a more detailed analysis of these cracks so I can decide if the foundatio...
Erik Sherburne
Paying myself as a property manager
I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?
Alexander Churchill
How early should I file for eviction
How early can I serve a notice to quit or file for eviction. Eg. how soon after non payment of rent (should I give them a week or 2 weeks to pay it before serving notice)?
Alyssa Lebetsamer
My First Eviction - does it ever go smoothly?
It looks like I am going to have to evict one of my tenants very soon. fingers crossed a miracle pulls through, but assuming it doesn't....For those of you that have been through this before - do renter's ever receive...
Matthew Swearingen
Best Way to Leverage A HELOC
I have access to a HELOC of about $100k. Do I pay all cash or put 20-30% down? What is the best way to use it? I will have the payment of the HELOC and the mortgage if its not paid in cash. Any areas I should be looki...
Michael Seutin
how many of you hold your rental properties in your name?
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Marko Petrekovic
tax deeds
Hi there. I am 26, and am new in investing world. Wright now I am studying about tax liens and tax deeds and one thing I don't understand: when you buy tax lien certificate, you become the owner ot that tax lien, but ...