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Question about investing under current LLC
I am currently working as a Texas Notary Public, loan signing agent, and as such have already established an LLC for tax purposes. I am wondering if I need to set up a new LLC for Real Estate investing or can I use my...
Claudio Garcia Zuniga
Renting per room vs Renting the whole home as a whole
What are the pros and cons and if you have any rentals using either method, how has it been?
Jason Chen
Is this a scam?
I recently made a full offer on a short sale. After the contract was submitted, my agent told me that he was informed by the listing agent that the owner recently sold an "option to buy" on this property to another in...
Doug S.
Tenant threatening to sue over wants mold inspection
Hello BiggerPockets Forum,
I have tenants in my SFH rental property in Virginia that are giving me a headache. The basement, where one of the tenants is living, has had some minor flooding. I've spent several thousan...
Anu Ram
Ripped off at move out
We have been renting a house for a little less than two years and recently moved to another state. We had a professional carpet cleaning company steam clean the entire carpeted area of the house. Also, we had a local ...
Sunny Hande
Tenant approved, lease is not signed yet, can we back out ?
Hi All,This is my first post. We moved to a new house and are planning on renting our current house. We have a property manager who gave application to 2 parties out of which the 1st party didn't meet the criteria bu...
Alexander Ransom
Help. Tenant Abandoned Property
I have a tenant in the upper unit if my duplex that was served a 28 day notice to vacate back near the end of August.
October 1st rolled around and the tenant was unable to fond a place to live, so we granted her ano...
Barb Niehaus
Can I refuse to rent to someone with a history of bedbugs?
Help! I've been in property management for years but haven't run into this problem until now. I had an applicant whose landlord verification came back showing that she had an infestation of bedbugs and roaches. It was...
Laura Cabral
Seller refusing to vacate -asking for advice
hi everyone, I would appreciate some advice on how to vacate the seller of a property I just purchased. The seller sold to a wholesaler and I closed the next day purchasing it from the wholesaler in an all cash deal. ...
Anthony Sgro
High DTI...difficulty finding a lender
Hey everyone! I’ve found my first rental property that I would like to put an offer on, however, I have an DTI of 46%. I have plenty of cash for a 25% down payment, but I’m having a hard time getting past my high DT...