Carol Lee
Inherenting tenant with 2 pitbulls
Happy New Year everyone!
I recently purchased an investment property and will be inherenting a family with 2 pitbulls.
Please advice on how I should word a clause in the contract to protect myself as a ...
Maugno M.
Setting up LLC'S. How should wife be involved ?
I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
Scott Trench
Is it just me or is pulling a Tenant's CREDIT Score Harder than Ever?
I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
Dana R.
Tenant scheduled a repair without notifying me first
I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...
Michael Sokolski
When should I start my LLC?
I'm just starting in REI and am trying to learn as much as I can now. I was wondering at what point should a beggining Real Estate investor create their business entity. I've decided on an LLC. I don't have any pro...
Tim Porsche
Cheapest Way to Set Up Self Directed IRA
Hi All,I currently have a little over $6,000 in a 401k from one company, and a Roth IRA from a second company. I no longer work for either company, and would like to move that money into a self-directed IRA and invest...
Roger King
LOI's - What do you guys put in them?
Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...
Jim K.
What's your favorite multitool and why?
I usually carry a Leatherman Juice in my bag and up until recently a Victorinox One-Handed Forester in my jean pocket. Well, I was stupid enough to take the knife to the airport and had to ditch it, so I got a Victori...
Eric Andrekopoulos
Investor Off loading portfolio but doesn't want to seller finance.
Hey BP Fam,
I currently have a local investor looking to exit his rental business within the next 5 years because he's older in age. So he wants to sell all of his properties. A vast majority of them have 100% equi...
Raylor G.
Property Management Question - Please Advise
Would you hire a Property Management company that charge a fee for vacant units. Is this common practice or should this be negotiated?