I bought 2 quadruplexes over the last 12 months - my first venture into small multifamily properties. These are C/C+ properties in B- area. Units rent for around $700/month. I haven't dealt with vacancies until now as...
I'm reading The Millionaire Real Estate Investor by Gary Keller and Jay Papasan and I came across this tip about managing single family houses. "Many single-family investors sidestep the issue( in regards to hiring a ...
Should I turn my second home using as STR in Fort Lauderdale into a LLC? If I should, where do I start the process in Fort Lauderdale? How long does it take? and how much will it cost me? What are the pro and con of r...
Hello everyone! Today I went and saw a Triplex deal I wanted to run through my checklist and let me tell you the location this triplex was in is quite literally the best it gets for this type of C class Multi-family b...
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
My tenant texted me today letting me know he accidentally cracked his bedroom window. He says the window is still intact and will hold up for a bit. Should I just get the window replaced and just deduct the cost from ...
I have a 2 bed 1 bath in North Linden single family home, with a yard, in the 43224 area. How much rent can I get for that area? I wanted to get an idea, right now I know I'm charging under market rent, but I'd like t...
BP,I was hoping someone could answer a quick question for me. I have a large multifamily rental portfolio. Let's say I wanted to sell one of my 8 units and exchange those funds in a 1031 into a vacation home/rental (m...
Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this?
My main qu...
We are looking for a duplex in Maryland for my DH to live in one side and to rent out the other side.I feel like I’m striking out. Roofstock doesn’t cover MD.Any other favorite sites?Avery