Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Last year I bought a 17 unit deal in a rough part of town. I was in a 1031 exchange period and pulled the trigger bit fast, lets just say.
When you visit the area, it doesn't look bad. The streets are fine, although ...
Hey Everyone! Looking to get some advice and guidance on DSCR (Debt service coverage ratio) lending. My goal is something along the lines of a house hack by purchasing a single family home with maybe 4 bedrooms and li...
I have a single family house is West Virginia that is paid in full. I recently moved out to California and rented the property out to some girls who destroyed the house and then abandoned it. Had the worst time find...
Hey all,What is everybody doing to prepare for the new interest hikes and correction this year and next?Any veterans of past bubbles have advice on how to buy and hold in a bear market?This could be a valuable thread.
Good morning BP,My wife and I are looking to 1031 our Ohio rentals into a property in Florida. We currently have two new constructions under way in Cape Coral with Rent to Retirement. We like Cape Coral but we want to...
The two sayings that have taken me through difficult times in my business:
"This to shall pass," & "The only thing consistent in this business is that it is consistently inconsistent." My new one is "Enjoy the slo...
I own two properties in Baltimore city. I keep getting letters from Homeserve trying to get me to purchase sewer line backup insurance. The city has contracted with Homeserve to provide insurance against sewer line ...
I recently purchased a duplex and inherited two tenants. One of the tenants (let’s call them Tenant A) has lived in the property for 9 years, while the other tenant (Tenant B) is a relative of Tenant A. Before the pur...
Hi,What is the general rule for commissions on a rental for realtor? I am understanding that the brokerage gets 100% of first months rent. . Apparently 50% is for my broker and the other 50% is for agent whom found th...