Andrew Shen
Home Warranty Companies
All,We currently have a single family rental home under contract and our agent was able to negotiate a $400 credit towards a home warranty - we know of a very old water heater that we would like the home warranty comp...
Demjan Van Der Kach
How to make a distribution from LLC correctly?
Hi everyone,I live in Phoenix, Arizona and have a rental that is owned by arizona LLC. I have a good problem - quite a bit of cash is sitting in LLC's business account and I would like to get some of that cash out. I ...
Nathan Raymond
What do you do when a contractor runs off with all your money
I met a real estate investor from Canada today that bought a house for 90,000 in Atlanta. Someone in Canada referred her to A project manager here in Atlanta who ended up running off with $100,000 and only finishing ...
Matt Doubell
Best way to find accurate comps
Hi currently I'm working on starting my real estate journey and and I am extremely interested in doing BRRRR deals. I have a large background in rehabbing both as a contractor and now an engineering working with contr...
Kedar Bhole
Question - HOA asking me to replace hardwood floor - my options?
Hello,
I own a second-floor condo. At the start of the year, my tenant moved out. I replaced the carpet with hardwood floor at the time. My intent was to make the condo unit more appealing, so it can be rented out at...
Alisha Magwood
How to determine if a Private Lender is legit
Hi all! I am a newbie to the industry and very reluctant when it comes to disclosing personal information. I have been looking for financing options for investments properties. I came across one "company" that sounded...
Kyrstin Szewczyk
How to open an LLC in Washington (who to go through?)?
I feel like every LLC question is someone in CA... One theme I do see (besides the high annual price of CA LLCs....) is you need a good attorney / accountant. Do I need BOTH or just one? Does anyone have an LLC in Was...
Josh Corriveau
Thoughts on Renting Guest House on Property?
Hi BP,
We have some property and are considering building a main house along with a guest house that we could rent (either long-term or short-term, which are both permitted by town). A nearby neighbor has a 750sqft ...
Thomas Ebenhoch
HELOC came back lower than expected
Hello all,
I own a three unit building that I purchased in 2016 with a 203k loan for $157,000 total with renovations included. I've done a good amount of renovations: siding/soffits/fascia, gutters, replaced all conc...
Johnny Weekend
Buy in your name -> land trust, but isn't your name still listed?
A few suggestions to achieve anonymity is to buy in your name and then transfer into a land trust. However if someone were you pull up the records they will see the history and note that the prior owner was you (befor...