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I am looking to transfer title of a few rental properties to an LLC. It seems like investors most commonly use a quit claim deed for this. Why? I would have minimal concern over using a quit claim deed since I know th...
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Out of state landlord here. Great property management in place. I want to attract quality tenants that stay put. I don't see rent rates increasing greatly in my area for the foreseeable future.Any other landlords h...
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I'm aggressively looking for my first MF rental purchase. I just found 9+ MF Units deal, that I need to act on asap.After looking thru some public records. I found about 12-15 eviction cases over last 9 year since she...
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Hi, Fellow BPersSo, I was doing a little happy dance because we finally got stable mid-term guests in about 30% of our units. But then, bam! I get hit with this nearly $400 power bill for a 1200 sqft townhouse for las...
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I see most people have an llc - is there a significant reason why?
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This is a question I hadn't considered until a couple days ago, but here is why I ask it. I'm new to investing and want to start making money, and I'm also committed to learning everything I can about whatever I get s...
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Hello BP !!So I recently hired a floor polisher to polish a Terrazzo floor i have on my current and first flip deal. We agreed to pay $2000 for the entire job. Midway through the job he asked for a partial payment. Co...
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I am a first time landlord, and my first tenants just moved in. They had excellent references, rental history, credit scores and income.
I drive past the property on my way to drop my son off at school in the mornin...
I live in Portland & was considering buy a SFH home but all the backwards pro tenant laws, rent control, extended moratoriums & longer to evict timelines have ruled it out. I was considering buying a multi-f...
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Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...