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I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...
Hello,Some clients have been interested in investing in a syndication deal using their self directed IRA funds. When discussing it, the following came up that I’m very curious about. If I’m a general partner/sponsor o...
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I recently bought and rented my first rental investment property. I hired a property manager that my real estate agent recommended to me. I interviewed the property manager and it seemed like a good fit. The rental no...
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I have certain rules for pets that are included in my pet addendum. For example how they must behave, cleaning up pet waste promptly, pets can not be left unattended outside, tenants are responsible for flea infestati...
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Aloha,Should I form a LLC for property investing? I was told that having an LLC would be good to have and that I can put my future investments under the LLC instead of under my name? Not sure that I can pile up proper...
Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage. Would it make sense for me to set up an LLC and what type of benefits would I receive fro...
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I have two duplexes in NE Minneapolis. I receive numerous offers (phone, text, letters) to purchase these properties for cash/as is/quick closing. My main question is will these offers come in close to market value? ...
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Hi fellow investors,I just bought a multi unit in a D neighborhood and I think keeping section 8 tenants might be the best course of action. What are gotchas I should keep in mind? I saw other investors recommend look...
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I thought it would be fun to come up with a list of why some landlords don't screen tenants. Obviously, I'm trying to convey to new landlords the absolute need to screen.
1. The LL's are blithering idiots
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My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...