Hey Bp'ers, So I've put together a deal for a group of investors which will be closing on Friday 3/10 and during our conversation I learned that they would like to have the expenses such as Vacancy, Cap Ex, Maintenan...
Would you be more interested in hiring a Property Management Company that charges 7-10% of the monthly rent and 50% of one months rent for a move in fee or one that charges a low monthly fee, say 5% of the rent, and ...
In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check? I am thinking of record keeping and tax implications.
I have a personal truck I use for my rental properties sometimes. I will reimburse myself with the rental property account, which is an LLC, for gas when I use it. But is it ok for the LLC to pay for the loan paymen...
Hey All,I am having some trouble understanding how DTI is calculated and it seems that the different lenders I have talked to are telling me different information.I have 1 year of landlord experience renting half my d...
I am currently trying to get my feet wet with my first rental property, I have have looked at over 20 properties in the Denver, NC area. My budget is no more then 130k, I keep running my numbers for my profit margin, ...
Ok so let me get straight to it lol I brought my 1st triplex 6/18 at 26. I got it as a house hack so I live in one unit and rent the other two units which eliminates the mortgage coming out of my pocket and I have a l...
Hello All, I am new to BiggerPockets I was referred by a guy I met on a online dating site, lol. I have always wanted to buy a property once the time was right and start investing once the market was better. I think t...
Hi All!
Closing on a triplex soon and will need to do some extensive remodeling. Working on the layout now and would love some feedback.
Here's the original layout of the property. It has a pretty terrible lay...
Hi ,I have 4 properties. Each property is under one LLC (Sorry I have to keep it under each LLC). I am the owner/Landlord/Property Manager. As I grow my portfolios, its getting tedious on accounting since quickbooks r...