Raj A.
Should I setup a Delaware LLC for a property if it's not located there?
If and when the time comes, I know many of said it is best to setup an LLC for the property you intend to purchase ("123 Main Street LLC") for a variety of legal/financial reasons. I also know in general, Delaware off...
Kyle Grimm
When to stop charging a late fee
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
Nick Jensen
Living with tenants and dealing with utilities
So my wife and I came up with this kooky idea to build a cottage in the backyard in which we'd live so we can rent out our main house. The main house is 2br/1ba 970sqft. The cottage is 250sqft.
We're not quit...
Luke Terry
Challenging Property Taxes in Cuyahoga County
I'm wondering if anyone's had success lowering their property taxes and if so, what were the steps they took to be successful?Property taxes can be a huge impact on your cash flow based on the city you buy in. From w...
Stephen Polizzi
Multiple Condo Deal - Opportunity or Trap?
My direct marketing campaign yielded a motivated seller of some condos local to me that I'm interested in acquiring for buy-and-hold rentals. The complex is a single 15 unit building in pretty good shape physically, ...
Kelly Conrad
Say spouse has other home as primary residence?
Alright, bear with me here because this is a bit weird. We already own a SFR that we like and aren't looking to sell.So we have ~30k that we can use, but apparently that's pretty tight when we need a 25% down payment ...
Kenneth Huddleston
High school student looking to invest- Suggestions?
Hey, my name is Kenny. I am currently 16, in high school, and i have been avid on business and investing for about a year now. I have read dozens of books on the subject and have been hanging around BP forums for a...
Ty Hunt
To create an LLC or not??
After each reading Bigger Pockets "The Book on Real Estate Investing", a colleague and I have decided that we are ready to begin diving into the world of real estate. However, in our discussions we are back and forth ...
Michelle Green
Gas Station Sale & Purchase Agreement?
Hi everyone,Looking into putting some documentation together for a possible gas station wholesale deal in Florida that I have come across. Does anyone have any suggestions for clauses to include in a gas station contr...
Roman Puzey
Question regarding egress windows in basement for renting
Hello,We are under contract for a single family home that we bought that has a full kitchen downstairs with 2 non-conforming bedrooms, full bathroom, washer & dryer and living room area with a separate entrance (s...