Amaury Rodriguez
$3,600 for Tax advice and preparation
27 September 2017 | 6 replies
@Amaury Rodriguez - without knowing exactly what you told the tax professional and/or what they are including in the quote, it's hard to say whether or not the pricing is reasonable.If they're doing bookkeeping or detailed amortization schedules, then it is time consuming work and is not only costly, but could save you money.If they are just taking the numbers you give them and plugging them into the correct form and mailing to the IRS, then that seems very steep.There are many knowledgeable CPA's on this site that work with clients remotely, I'd suggest reaching out to a couple of them as well as a couple more non-BP CPA's with RE experience and see what clicks.
Byran Parson
Starting Full time Flipping
28 September 2017 | 15 replies
In building our foundation we paid off all consumer debt and had a emergency fund of 15k before we started.
Levi Koskan
Found a potential home run! how do I find the owners contact info
30 September 2017 | 7 replies
As I’m sure you are well aware of, managing a property and its tenants is a tough and time consuming job.
Tyler H.
Originator pushing loans through different states to avoid laws??
30 September 2017 | 1 reply
If you feel that there was enough of an issue here to file a complaint formally then file the complaint with the Consumer Financial Protection Bureau.
Lydia Woods
Rent or Sale, first investment home?
3 October 2017 | 6 replies
You can not leave it there otherwise it will devour your cash flow and leave you unable to move forward with other investment opportunities.A property having 85K in equity will consume the first $700/month of your rental income.
Jeff Weaver
I have 3 properties in Holly , Michigan . I'm thinking of selling
1 October 2017 | 1 reply
Saginaw st, Holly, MI 48442 ( purchased 1994) A 5 unit building ( 4-1 bed room units, 1-3 bedroom unit, a large garage and a coin laundry, some units tenants pay gas and/ or elect )I currently trade use of the garage for lawn service at all 3 properties. 12 Mo Rent income $ 34,680. 12 mo Avg water $ 368012 months taxes $ 452012 mo Avg Consumers gas $ 2240 314, 316,314-1/2,316-1/2 broad st, Holly, MI 48442 ( purchased 2000) ( 4-2 bedroom units and a coin laundry, tenants pay gas and elect) 12 Mo. rent income$ 32,400..12 mo Avg water $331512 months taxes $5082 And 314 s.
Luke Carl
Housekeeper Duties? HVAC Filter?
6 October 2017 | 5 replies
My housekeeper vacuums, mops, does laundry, makes beds, cleans kitchens and bathrooms, and buys consumable items to restock the house for the next tenants.
Shaun C.
My First Flip. 8 months and Counting and Hopefully $150k Profit
11 February 2019 | 72 replies
I know it can be time-consuming but obviously crucial.
Jon Crosby
Itemized (non-breakage) Charges in your VR contract?
18 October 2017 | 8 replies
Coffee pots and sheets are consumables, just like pillows, towels, toaster ovens and old style televisions.
Anthony Gayden
Legally Speaking, What is Considered Property Management?
4 October 2017 | 14 replies
I know this is a time consuming aspect of land-lording that I don’t particularly enjoy using my time for with my properties.