Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...
Hi everyone,
I’m new to real estate investing and looking for guidance on where to start. I currently live in upstate New York but am considering relocating and would love advice on where to move based on strong real...
I have been looking for an STR property and may have found one at a distance. The property is located in a mid-size city with several attractions nearby.
I understand that management fees can vary by location, but th...
Hey everyone!My name is Leo Semenov. I'm a new investor in Springfield, MA area. I am in retail management. After reading Rich Dad Poor Dad right out of high school, an interest and inclenation toward REI was born in ...
I am looking to purchase my first investment porperty and I am wondering if I should setup a DBA, an LLC, or incorporate. I am an individual investor, but will also put my wife on the deeds. I plan to make her a 50% p...
I have a tenant who looks like she may be a problem but I'm not sure how I can get rid of her because she pays her rent each month.
I had a repair guy stop by the other day and basically he told me she
is making a m...
Hello, my father's keep talking about this subject because someone told him how nice this subject with flipping houses is when you're smart and paying attention at the market. The difference is that he's focusing just...
Hi,Currently analyzing a 4/2 in the Bartlett area. It is in the neighborhood of Blackwell/Yates St. and the Zillow estimates the surrounding houses are around 115-125K for that kind of property. The county assessor ...