Simon Stahl
Process to move property to LLC without piercing the LLC
What would be the proper process to purchase a property in my personal name and then move it into an LLC. My guess would be that first, I'll purchase the property in my own name. All expenses are being payed from my p...
John McKee
Anyone ever use a Self Directed IRA
Has anyone used this kind of an account to buy real estate? Pros, Cons, Costs, and overall experience? Let me know and thanks.
Ali Arkam
Best strategy for a retiree
Hi I was hoping to get input from the forum about a question my FIL asked me. He owns a SFH in Bay Area that he has owned since around 1980 with significant capital gains likely worth 1.1 mill and he paid around 72k f...
Zantiago Zurita
Tenant wants to add fence and pool
My tenant has asked me if she can put up a fence around the backyard and an above ground pool? I don’t think the fence is an issue (unless someone sees/knows of an issue), I don’t know about the pool. If I say yes I ...
Account Closed
Starting out: Best Rental Property Strategy
Hey guys, first ever post on here. Let me start with my age: 25. Have a steady job and live with parents saving every dime. Haven’t had time to invest as grad school has taken most of my time (graduation in June). My ...
Matt V.
Financing Deal When Relocating and Finding New Job
I am looking to relocate and when doing so would like to buy a SF home to live in for 1-2 yrs while we rehab it then turn it into a rental. I have found a decent REO that the numbers work well on, having both good equ...
Taylor Witt
Rental paperwork, payments, and deposits
My wife and I recently bought a family cabin, but we also want to rent it out by the week and/or month during times we aren't planning on being there. Our County will not allow us to list on VRBO or Air BnB unless we...
Kate K.
Rent payments through Zelle in IL?
Hi BP Community! If a Landlord is not considered a business yet (properties are not in LLC), what I was told by our bank is that our tenants cannot set up direct deposit with us. So we were offered Zelle, Venmo or Pay...
Austin Bright
Getting to list for rent for the first time
Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
Rob Fordham
LLC
Should I have an LLC before a buy a rental property? Does anyone not have an LLC and have rentals? How hard is it to set one up? I am in the Columbus, Ohio area