12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to l...
Hello Everyone! I am just posting because I am new here and new to the investing world. I have been watching bigger pockets for awhile but wanted to save a little more before committing. I am now fully committed and j...
This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...
Hello, I was wondering if someone could share some pointers. I am in process to get a rental property in the city of Cleveland,OH , my state of residency is California. should/could I use any other State LLC (ex. Del...
Hello BP!I'm in the process of house hacking into another property and making my current primary home a rental. My agent says my 2200 sq ft home can rent for $21 to $2300 monthly.. Now my question is , should I ...
Lately, I have been wanting to learn more about how certain investors have built up massive wealth and survived one or two real estate crashes. I don't believe zero down investing is the only way and certainly not pay...
Hello All, I am still trying to learn the ropes, just have a few questions i wanted to ask to get some education on...I currently have a few rentals, they were previously primary residences that i turned into rentals ...
Good evening everyone,how do I separate utilities when I have an ADU that is rented with a fixed utility price? I am currently living in the main house, but will soon be moving in the upcoming summer due to another pu...
Hi all, I'm a new owner of a multi family in Cleveland and am wondering how you all go about lawn maintenance. I've heard that the city if Cleveland has hefty fines for lawns that are overgrown. I'm thinking of reduci...
So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...