I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
Pace Morby's subto mentorship provides the best value around. Pace has taught the community how to subject to, seller finance, wholesale, you name it. I have received immense value from his mentorship and I continue t...
Does anyone have any experience and/or some resources that pertain to converting an old school into livable space? This is something that I can't really seem to find a lot of information about, but I'd really like to...
I would like to know if there is a attorney in Cincinnati who is real estate investing freindly. Every real estate investor who is not aware assumes that wholesaling is illegal. Any suggestions?
Hello everyone!My husband and I are looking to rent our house and will be managing it on our own. We have multiple rentals, but have always had a management company, so I am somewhat familiar with the process, but als...
In general, what is standard operating procedure for terminating a lease early?I've seen it where 60 days notice is required, tenant pays full amount for the month they terminate in and forfeits their deposit. HERE's ...
Was actually denied for a commercial because it's stripped to the studs and deemed uninhabitable. I've heard anything over 4 units is commercial but you can still get residential loans on 8 unit or less properties. Is...
Have found a property I am seriously looking at. Needs new roof from deck up. Have not been able to source a supplier for fire retardant ply wood and lumber. Any One know of something close and preferably the cheap...
Can some experienced investors with apartment buildings help me clearly understand the financing aspect of purchasing an apartment building. I am looking to purchase a building with 10-30 units anywhere from $700,000-...
Hey BPer's
I am just getting going with rentals and I am curious what everyone does on day one that the tenant is approved?
This might be a silly question but I want to understand what is consistent with the industr...