Shiri Manor Nisenbaum
One Foreign LLC or two Domestic LLC
HiI have a few rentals in Georgia and one in Texas.All owned by Domestic LLC created in Georgia.My CPA told me I cant have house in Dallas owned by Georgia domestic LLC.I do have 3 options To Create new LLC in Dalla...
Maria Palmiano
Cleveland Heights property tax rate?
Hello,I’m new to RE investing and looking for my first investment property. I’m considering a triplex in Cleveland Heights, OH 44118. If purchase price is $300K, can you please help me understand what the property tax...
Mike D.
Does size really matter?
For those of you who invest in SFH's, does the size of the home influence your decision at all? For instance, I have found a couple of little bayfront towns near where I live. These towns are filled with little 1-2 b...
Mike Landry
Tenants bank account frozen
Should I start the eviction. Here is the quick story. I have had this tenant, single male, for 2 years and he lived there 3 years prior to my ownership. He has mostly paid on time. I made one exception and he has ...
Jeff Helm
Commercial Financing Questions 101
Hey all, well like most of us I started investing in single-family homes, and now would like to move into multi family apartment buildings. I have a few questions below to help me prepare for entry into this market. I...
Stephen Zipp
NY Eviction: 165 days ago. Now she wants her abandoned property
I got an email from the tenant's lawyer yesterday stating that she wants her abandoned property. It has been 165 days since she was evicted. She never showed for the appointed times to retrieve her items and after 30 ...
Richard Bradshaw
HUD Home won't turn water on for inspection
I am under contract to purchase a HUD property that has been vacant for about 2 years. I am having an inspection performed next week but they will not allow me to turn on the water. I do know that it has failed a pres...
Kara Johnson
Making owner financing make sense
Pro's...
We are buying what maybe our 3rd double out of state, but I can't make owner financing work for me?? The owners are "motivated" and asking $59k for one/gross rents $900. 2nd double asking $79k gross ...
Sean Thompson
Remote showing of property
Hello . Looking to manage my first few properties remotely until I can hire an employee to handle it for me.
I'm finding lots of resources as far as managing the property , but when it comes to things that must be d...
Robbie Pollard
Just Closed on a REO yesterday
I closed yesterday on a REO. The bank was asking $39,900, I offered $24,230. My realtor came back and said they had mulitple offers, so I raised my offer $26,500 and they accepted.
I think it was a good deal, but...