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I am struggling to put a title on it. I currently own 13 units and hope to grow more after my current round of renovations are completed in 2021. I have one LLC and as I grow my question is what am I? Am I the CEO, th...
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My tenants roommate moved out and he took another roommate and let him move in before the verbally agreed upon move in date. I gave the new roommate a lease to sign (and I required a co-signer). The tenant signed th...
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Hi AllHave a friend of a friend helping with taxes/accounting. We have a property in our personal names at closing, then afterwards we moved the deed to an LLC created some months later. However the accountant is s...
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My wife and I are about to buy our first property. We are not going through a real estate agent, and neither is the seller. Her son does real estate in a different state, and he is reviewing our offer letter. He asked...
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I bought a duplex and the seller had a signed agreement from the tenant that he was going to move out a few days after the sale, Do I still need to Evict Thur court? Or can I just go kick him out because he agreed to ...
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I have a mobile home in a park. I owner financed the trailer. I am listed on the title as the lienholder. The occupants are 2 months behind on payments. I have sent them certified and first class letter warning th...
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Hi all!
I recently inquired about a triplex in my area that has a pretty unique renting situation. Units 2 and 3 are rented out month to month with no formal lease in place. They have lived there 5 and 15 years and s...
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Hi everyone,
I’m in a difficult situation regarding a family property and would appreciate some advice on whether filing a suit for partition is best for me. Here’s the background:
Background:
Property Ownership: I...
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BP nation,In my market, turnkey (rent-ready) homes are going for $140K - $150K and renting for around $1 per sf. Now - you can get a distressed property for $110K - $120K, but by the time you fix the foundation and gi...
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Situation: I am a new real estate investor and don't have an LLC or a formal business setup yet. I tried to purchase a multi unit home from auction.com but ended up losing my deposit ($60,000) since we found out that ...