Hi. I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here. I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get. One thing...
I will check with my CPA as well, but am interested in BP members' best practices for setting up bank accounts for rentals. I am transitioning my rentals into LLCs and plan to have a separate bank account for each. I ...
Good morning. My name is Jack and I am based in the Twin Cities area of Minnesota. I am preparing myself to find my first rental. I am specifically looking in the Alexandria, MN area for that property. I am wondering ...
hello BP I'm looking into buying some properties in Nebraska, I was looking specifically in Kimball. I need some advice from people that invest or know that area. Rental rates, vacancy rates, is the area growing etc. ...
How are you finding good deals to rehab or flip? Specifically, what creative ways have you found to find the best deals? Of course I watch what's on the market, get wholesaler emails, and try to keep my eyes open. But...
Now that the interest on a HELOC isn't deductible on a primary anymore, I was wondering if it could be deducted as a rental expense if used as a down payment? I'm about to make an offer on a single family home using f...
I found a property for $10,000, I need financing in a day or two. Does anyone have a suggestion? Pm me, because I don't know what I need to do.
Hi Everyone,I have a question about LLCs... When my husband and I bought our first 4-unit building we created an LLC and pretty much sat on it for three years. When tax season came around, we reported our properties o...
Hey BP,So for anyone that has successfully syndicated large multi family, does anyone refinance, get their investors capital back, and then change the equity ownership percentages? Say it was originally 30% GP, 70% LP...
So as a realtor in New York, the government has banned cold-calls due to the pandemic. What are your thoughts on making a hand-written letter addressed to newly FSBO homes. Has anyone seen or heard success from doin...