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I've sort of got this question floating out on another thread, but I want to directly ask:As a landlord with 3 rental properties I maintain a dedicated home office. This is the first year I will be claiming the deduc...
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I run a virtual team, meaning everyone lives in different places around the country. We have a call recording system and access to everyone’s email but I’m curious what other remote business owners are doing to kee th...
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I've run across a property that has two 4 unit buildings on one property. (8 total). One building needs renovation. Example:If cash purchase price is 70K, renovation is 40K. I rent out all 8 units. NOI is say 25K. ...
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Hello all! I'll start off by saying, I've always had mixed feelings about realtors, so please forgive me if you are one. It's soooo hard to find a good one, which is why there have been times in the past where I did i...
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My wife and I have done a couple live-in flips and really loved it, but with the arrival of our daughter we decided maybe it wouldn't be a great idea to have an infant in a construction zone. So, we decided to buy a d...
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These questions are for all Airbnb owners, I just had a particular interest in Phoenix and other Arizona Airbnb locations
When I was overseas I met a contractor who told me they had an Airbnb in Phoenix. He did ment...
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Hello BP,I set up an LLC for my first property back in December. It is a single member LLC and I quick claimed the property from my name to the LLC's. I will have a separate bank account for the LLC, and I have separa...
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Property management can be very challenging, especially if you have another job. In such a situation, it is advisable to hire a professional property manager to manage the property for you. However, you have to take y...
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Investment Info:
Single-family residence buy & hold investment in Raleigh.
Purchase price: $169,000
Cash invested: $42,500
4BR/4BA condo (private bathroom and walk-in closet for each bedroom) whi...
I am currently analyzing a potential house hack on a historic home. The property has 2 apartments that bring in $1200 /mo. total. I have $100k+ in equity in my current primary residence (value aro. $325k) and I want t...