I need advice as an out-of-state landlord on how to set up an LLC in Cleveland. Is there any reason not to do this? Also, could you recommend a reputable law firm to help establish an LLC.
Hey, so I have heard everything under the sun with this question. Some say the 12 months no matter what, others say if you have a reason to leave, even as small as disliking you neighbors you can leave in roughly 2 mo...
My question is how much preparation should be done prior to looking for residential deals. Should I look for deals, THEN find all the players, or should I have ALL my ducks in a row prior to looking?Examples: Hard mo...
I'm looking at a deal that is 1.8 million for a two level strip. No competition in the area that I can see, but has 20% vacancy. It's a high end neighborhood. It has tenants like state farm, driving school, dentist...
Hi there everyone! So I've been doing a lot of research and I was just wondering if someone could explain the general way money would flow from a cash flowing property and into either my, or the business bank account ...
I know a lot of people use LLCs to protect their rentals. I was wondering if people create a LLC for each individual rental property to maximize protection or do they put all of the properties under one LLC?
Do I need an LLC before I purchase the property or only once I am ready to start renting on VRBO/Airbnb?
So here is a property in which the owner seems to want to sell but not quite desperate to sell. He has it listed on MLS until the 13th of this month and the listing price is at 85k which is too high obviously.I asked...
I've been reading different financial forums like MMM and Early Retirement forums looking for opinions on paying off a mortgage whether rental property or primary.That lead to me reading this post on why a home is a h...
Hey, Ive been reading and going to seminars and looking things up and now I want to just get started and get some experience. I know myself and I know I'm a hands on person so I will learn a lot more once I get starte...