I’m a fairly new investor, completed my first BRRR a year ago. My real estate business is under a LLC. I recently accepted a $10,000 business credit card with BOA and they are now offering a business loan for a vehicl...
My wife and I both work full time and are looking to house hack for our first home with plans to purchase more rentals in the future and build a steady income for retirement. Before starting we were hoping to get some...
So this is my first post so sorry if I mess anything up. I was told recently that buying a new vehicle and owning it for the life of the vehicle is cheaper than buying used and owning for the rest of the vehicles lif...
I use TurboTax to do my rental property taxes on multiple properties. My properties are within a 1 mile radius, but I'm spreading trips across multiple properties. Is it a better strategy to record all mileage ag...
Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...
This is not really news or current events that would be of interest to most RE investors. It is a story of a potential porch pirate. My home has 2 private streets, one that leads to my driveway and the other that g...
I'm visiting with an insurance guy tomorrow to discuss moving my properties under a commercial insurance policy. As part of that, to get the rates we discussed, I would need to bring my personal insurance over as wel...
Do you guys think there will be any problems if a car's title is in an LLC that deals with property management. Lets say a teenager (16 y.o) is driving it and gets into a car wreck (hope it never happens)What issues c...
My tenant left and left 2 cars-one with no engine-one with expired tabs-can I call the police to have them towed? She shut her phone off so I cannot call her. I believe they are her boyfriends cars but one is in her n...
Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get to...