Hi, My wife runs a coaching institute like Kumon from the small portion of our primary house but she wants to expand. The commercial property is not available in our area since it’s a very small town. The idea is to b...
I currently have 19 doors, a nine unit, six unit, and a four unit. I have a business insurance policy through Nationwide. Each building ,I have about 1,000,000+ in coverage ,which seems kind of excessive. But the...
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
My colleague Nick Ikonomou and I share some common beliefs about the traits which are found in virtually every successful person - especially in real estate investing. Nick shared them with his friends, and I am now d...
3bed room/ 2 bath. How should I start to rent out the other 2 bedrooms?Should I buy cable, WiFi, furniture?If I’m not going to by at the house often, for business reasons, how should I collect rent from the roommates?
What are the rules for contributing a property into an LLC after the transaction is complete? I have a rental property that I will be selling that is owned personally. I will be exchanging this for another property th...
What are some signs or tricks to look at when looking for a rental property?
How do folks handle security deposits when you increase rents for existing tenants (specifically in MA)?
A. Do you increase rent and leave security deposit at the original amount collected when first obtained (i.e., ...
Hi wats the reason to have a llc for your real estate business wat does it do how does it protect you. If I can get an example of a situation that will be great thanks