We have a few investment properties for several years. One in personal name, others in disregarded LLCs. Thinking through different exit strategies which include 1031s (traditional,) outright sales, switches into over...
Hi BP, Joined 6 months ago and learning quickly as I go. I'm at a crossroads and looking for advice. I'm in Northern California and have been looking at purchasing a 4 plex for the past 6 months. Going to an open hous...
Hey everyone, I am a newbie here. I currently live in Brooklyn, NY but I am considering to move to Albany, NY with my wife and my daughter maybe within 8-12 months. What caught my attention about Albany is that House...
People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...
Hello everyone,
My wife and I are looks to get in to real estate investment within the next year or so. To date we have been Dave Ramsey fans and are totally debt free as of about two weeks ago. Yay! Now we are savin...
I found a seller that owns a 20,000 sq ft. office building with no mortgage that is interested in carrying the note for me. The building has a gross cash flow of $68,000 as it sits now, with a gross potential of $160,...
I was reading an article and there were some hypothetical situations and one of the things ended up being a pretty clean cash offer at ~$200K for a rehabbed house.
What I could not get past is that I just can...
New Pro member in Phoenix, AZ. Just filed personal tax return for 2017. LLC holding our first 4 plex was filed a while back. I was surprised to find that depreciation was not deductible and loss was not reported as...
All of my income is real estate related. I make real estate commissions, I have a couple rental properties, and am about to embark on my next endeavor, a flip. I'm also looking to purchase a duplex or possibly 4plex.R...
I have one SFR with no property management company but I will be closing on 3 more doors in the next couple of weeks. I want to hire a property management company and get accounting software to stay organized.Which so...