Brian Leonard
Furnishing a Self-Directed IRA Purchased Rental
A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
Mary Hoyt
Using Rocket Lawyer and forming an LLC
has anyone used rocket lawyer to establish an LLC? we are under contract on our first investment property - a triplex in the atlanta area - my dad is suggesting we form an LLC to protect our personal assets in case of...
Brandon Obrien
Management co. no contact agreement
I'm trying to choose a rental management company for my first investment property. I was told by one company that they have a requirement that the owner cannot contact the tenant. Its seems odd first to give up the a...
Rachael Agruso
What would you do or have done differently?
Hi Everyone - looking for some advice. Background - tenant is on Month to Month lease. His lease states he has to give me 30 days notice. He has a security deposit equal to one month's rent.
Long story short, I texte...
Dylan Smith
First time House Hacking - FHA LOAN DUPLEX
Hey BiggerPockets, question!
Do you recommend purchasing a multi family property with an FHA loan. To keep it short, I’ll be living with my girlfriend - rent is $1000/month; $500 each.
The goal would be to house ha...
Justin Webb
Subject to, plus Taxes and Insurance?
Hello BP,I just need a little clarification on strategies using subject to. Specifically, how do you handle taxes and insurance? As I understand it, acquiring a property subject to the existing mortgage entails that t...
Genna Golden
Typical Concessions for landlord early termination of Commercial Lease
HI, I have a commercial property with a master tenant and would like to terminate his lease early in order to develop the property. What would a typical concession look like? What is it based on? The termination date ...
Edward Brewington
Charge $99 for service fee for doing nothing!
I recently had my rental property thoroughly remodeled w/ my property management in charge.They took a month to get a tenant. When they got a new tenant he reported the heater did not work. He had no hot water. The pr...
Simon Ghandil
Rental #1 Purchased Today
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Greg R.
Housing crash deniers ???
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...