Chase Cline
Rentals Taxed on Net Income Which Doesn't Include Mortgage?
Hi Everyone - I have 3 STRs and have gotten very serious with looking at the full financial picture on them now that we have a CPA. We just bought the last two in the last 6 months, but have had our first for almost 5...
Account Closed
I am dumbfounded by the high prices investors are paying for property.
This happens to me time and time again. I just got off the phone with a seller of a house in Florissant MO who told me that 5 other people made offers on his house and that my offer was less than half of what the nex...
Patrick J.
Any high performing Realtors taxed as S-Corps
Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
Nathan Gesner
This is why you should inspect regularly!
Just because a tenant pays on time doesn't mean they are "good" renters. This tenant always paid early, communicated well, never had a single lease violation.Our office policy is to inspect at least once a year. One o...
Manuel Gonzalez
paying contractors
Hows everyone doing? Just wondering how most of y'all pay contractors. I got a few bids from contractors I've never used before so I'm thinking about not paying them until job is complete cause I know sometimes the...
Matthew Watson
One Duplex to 116 Units in Two Years
I just wanted to share my story with you all in hopes that you can find some motivation in it and to encourage everyone to put in the work to make your dreams a reality. Like many, if I had educated myself and had the...
David Roberts
Title Problem Discovered During HELOC Application
This is AWESOME! You guys are going to love this.I applied at Bank of America (mistake 1) for a HELOC. I liked the option of interest only and a 10 year draw, etc. It makes for a cheap ability to keep money moving ...
Bienes Raices
Do your applicants have trouble coming up with the move in monies?
I'm asking $995 first month's rent, + $795 security deposit, so total about $1800 to move in. I don't know if most tenants have this much cash available at once, and if I'm being reasonable (I did already make the dep...
Carolyn Guertin
Beware of Cozy, the Landlord Site
I thought I'd try Cozy.co this time around after hearing recommendations from others on Bigger Pockets. It was a big mistake. Their application process was fine and their screening reports good. It's their money handl...
Ryan H
Closed Tuesday but the previous renters moved back in Wednesday
Closed Tuesday but the previous renters moved back in Wednesday. The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent. They had no place to go but s...