Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Bill Nolan
Equity Trust Company
I am looking to get into REI and have six figures in retirement accounts to potentially obtain multi family in Chicago market.
Friend / Mentor uses Equity Trust Company to purchase and hold real estate in IRA throug...
Stephen S.
who would I foreclose on?
This house has been empty for four years. Well upside down on the mortages. It took me a long time to find the owner - and actually I am still one step away: presently talking with the previous owner - the aunt of ...
Jamie Dupont
Rochester NY LTR Tenant 4K damages
We have a LTR in Rochester/Greece NY that is under PM. We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc. Have not cash flowed the property for 2 ye...
Jason T.
Invest in Debt...great read, I want more
The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Karen S.
Statue of Limitation in CA
I have a tenant that filed a lawsuit against me. This all started because he owed me 8 months in rent due to not having a job. I let it go for 4 months before I gave him a Notice to Pay or Quit. Didn't pay so th...
Michael Cutting
Inheriting tenants-at-will in Massachusetts
Hello, BP!I've been doing some diligence on an 8 unit apartment building by obtaining details from the seller's agent and running some analysis. Outside of the numbers, I've got a few details around this potential opp...
Chris Seveney
We Are Gonna Find Out if Wholesaling Is Legal in MN...
Many people are familiar with a certain federal indictment recently in MN. What has not been as publicized is the civil case in which the end buyer has filed a claim against this individual for wholesaling them a prop...
Ray Thorsen
What do I do if my old tenants don't close on there house.
I have a tenant who is buying a house and moving out of mine......I hope. They were supposed to close 3 weeks ago and are due to move out April 10. I have a tenant ready to move in may 1. If they issued notice and ar...