Yvette V.
Property Manager Disaster!!!
I hired a property manager for one of my properties who also found the tenant. The tenant has paid late from day one and property manager has been very lenient so it has only gotten worse. This month she decide...
Allen Wu
Primary Home Purchase: Seller Wants Lease Back
Hello,
I know this is not really investment related, but I will be closing on a primary residence property. The seller is asking for a “lease back” option for a few weeks since they need to find a place. Is this comm...
Ross Benedict
Do I need an LLC when starting up a small real estate business as a second source of income
hi guys, quick question for anyone that can help me out. I'm currently beginning to dabble with the idea of buying and selling vacant land. As I already work this will start as more or less a hobby as I learn the rope...
Wai Chan
RE investor has just passed the RE exam. Question about the fee
Hello, I have been a RE investor since 2014 (Own 8 SFRs in DFW and 3 triplex in San Diego) I have just passed the RE exam. and plan to use my license to do my own deal or friends. I have found a one guy brokerage who ...
Inbar S.
First time landlord!
Hello wonderful community! We would like to put our current apartment up for rent. Can anyone direct me toward any resources on how to start this process? Meaning, should I set up an LLC? What are some good sites for ...
Ray Neal
shooting in duplex tonight
Hi all need to keep this short, I'm on scene right now. Property is uninsured. There was a shooting in unit 2 tonight. Building is red taped while they investigate. Sounds like it took place between womans new b...
Keith Ellis
IL Condo HOA rules amended by property manager (not HOA Board)
I have an Illinois condo unit that I rent out and would like a second opinion about an issue that was debating with the HOA's property manager.The gist is that after signing new tenants to a lease I was hit with a $15...
Josh Bloomquist
LLC, Quit Claim Deed, and Due-on-sale implications
I acquired a SFR recently and would like to transfer it to an LLC for added liability protection of my personal assets. Before closing my lender told me I would simply need to do a Quit Claim Deed to transfer the pro...
Jay Charles
Placing House back into LLC
Hello, So, I have a rental property that I want to place in my LLC however my mortgage has a due at sales clause. Is there a way to place my property in my LLC without triggering a due at sales clause?
Joseph Garner
Personal Vs Business
Hi guys, I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and...