Shawn H.
Simple Husband & wife LLC in Illinois, does it exist?
I am looking at forming, a Series LLC in Illinois, with my wife for our rental properties. After doing some research, I am only more confused. It seems like there are very different outlooks, strategies and methods. I...
Bethany James
Fair fees for managing STR
I have been onboarding properties and automating them through Hostfully for a friend who is a real estate investor. We had agreed on a specific price for this initial process. She recently approached me about taking o...
Stephen Turner
Investing In Stocks
Hello everyone,
I wanted to get some input on something that was suggested in the podcast a little while back. Do you think investing in the stock market (To include penny stocks) is a good way to build some capital f...
Pat Jackson
House on septic that's not up to code, should I close?
I have a 2/1 under contract for 28,500. ARV 70,000. Would rent 700-750 rehabbed. In a nice B neighborhood. Needs ~20k in updates, not including septic updates. I bid on it not knowing it's on septic.I signed the ...
Justin Green
Moving on First Deal SFR plus lot for new build and parcel
BP community,
Seeking advise from others who have done a parcel/new build on included lot before. I am a RE broker and just received some great info on an early market listing. I will keep details general t...
Yavuz Bayram
HVAC Pricing Question
Hello,So for my most recent project i have gutted the house down to the frames a 1600 sq foot colonial two floors called in a few HVAC companies to give me a price and i have prices ranging from $13,000 to $20,000 for...
Kenneth LaVoie
Plans and exit strategies
Hi --
I wanted to share my basic outline of my business plan here, and get some critique, if possible. I'm a little stuck on an "exit" strategy in that, in the interest of lowering taxes, I may NEVER exit, and instead...
Kay M.
Tenant and unclear 30 day notice, do I send a 30 day vacate back?
In the beginning of June, I sent a letter to my tenant asking if they would renew their lease end of July. In short, I wanted to get a head start and an idea 60 days before the end of their lease to see if I would ha...
Jay Garrison
determining utility usage for a tenant
Hello,I have a tenant who still hasn't put the electricity in her name, and waited two weeks after she moved in to put the gas in her name. It was a rookie mistake that I allowed her to move in while the utilities wer...
Matthew Ladner
What's should the numbers look like?
I am in the market for multifamily properties, but my agent sent a commercial property and the numbers seem pretty decent in my eyes. The asking price is 1 million for around 9,780 sq ft. It has 9 units that are all o...