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I have a house that every month the person is late. I charge late fees and so far he has paid them. But he is still late VERY LATE every month. I am continually running into trouble because I have to hound this guy...
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(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...
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I was just reading on another thread about the old debate of how many LLC's do you need? Just one? One per property? Somewhere in between? The idea is to segregate silos of liability exposure. That's fine, I don'...
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I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...
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Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
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My note business is growing and I am a rabid supporter of scalable, smart systems and processes. If I have to do something 1 or more times, there should be a system for it. I have heard quite a bit of good for PipeDri...
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It has been a long time coming, but we've finally launched our new, interactive company profiles! For examples, see our Companies Directory or our BiggerPockets Profile.
The new company profiles are far more robust t...
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I'm very early on in my journey in buy-and-hold long-term rental real estate investing; I only have one unit that I purchased in late-2019 before having encountered biggerpockets and the other online resources on the ...
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We own and self manage about 800 single family properties (90% Single Family Homes and 10% multi family), build new construction for rent (no custom builds or for other people; however one of the LLC's holds a general...
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Does anyone have advice on how to find a good real estate CPA? I’m in the heart of NC if you know someone personally in the area. I formed a LLC with my partner last year and we have a few units now so when it comes t...