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Hi there - posting this up real quick as I have a duplex with one unit vacant real close to the Air base here in town - LOTS of construction going on there and I was put in touch with a contractor who has a 3 year co...
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In the slip and fall scenario, where the renter slips and falls on your property causing them to pursue legal action against you, what is to stop them from suing the business (the LLC) and you (as a negligent landlord...
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I hear conflicting information on rather you should wait until you get a few deals under your belt before making your business an LLC and getting it as soon as you decide to get in real estate investing. What did you...
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Hello all,So I have a Good problem I guess, but that does not make easier to decide where to go. I was (am) a Dave Ramsey fan & spent a few years paying down our house AND a 5 unit Multi-use building. I now beli...
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I’m possibly buying a house where the one owner might stay on as a tenant one of the units. I want to offer first right of refusal on a lease, but I also want to make sure that they would not be able to establish resi...
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Hello BP!The way my lease is structured, for the move-in/move-out inspection I have 3 phases: 1-Move In2-Pre-Move Out3-Move OutAs far as legal obligation is concerned (California), the tenant must fill out and sign t...
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I am curious how other investors would handle this situation.One of my renters car caught on fire in the driveway of a duplex. The car burnt completely up down to the frame! There was some damage to my property. I...
Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...
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Hey!Bought a house in Cash - 152k. We put 17k into it. We have 2 options currently:Rent the property for $2,050 / month and cash flow $519 / mo orSell the house for 230k and we hold the paper at 6.5% for 3 years. Ball...
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Hi folks, first timer here! My wife and I have entered the market this year with our first purchase. We're located in Berkeley, CA, and own a parcel that has a 1000sqft house (2bed/1bath) in the front and a 2x800sqft ...