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I just picked out Landlording On Autopilot by Mike Butler. I believe this is one of the recommended books on various BP threads. This book offers lots of great tips and makes you look at being a landlord from a differ...
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Purchasing a mobile home park with units also and currently have no lease agreement with tenants. What are the benefits and downsides of state specific lease agreements
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Hello Everyone!If you were buying property to hold and make residual income from, what questions would you have? - Questions for your Realtor?- Questions for the Seller?- Questions for your CPA- Questions for Apprais...
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So Im finally in a position to buy. The market in Northern Nevada is bubbling, but due to circumstance my move needs to be made now. This is my first time buying. After the price of the land, I would have about 60k to...
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OK, so please forgive this question if it's elementary but I am a newb.
I have my first deal that I am working and I got it by giving my elevator speech :cool:
I have an option contract on the property and I have a...
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Hello AllI could some sound opinions on the decision I need to make. Over the past 3 years my families goal has migrated from rental property growth to simplify our lifestyles and deleveraging. At its peak I had 4 ren...
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Can someone explain what the ramifications for RE investment are? Does this just make 1031's more restrictive? https://rsmus.com/what-we-do/services/tax/federal-tax/irs-issued-proposed-section-1031-regulations-for-lik...
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Hello,I am thinking of renting out my primary home in in California, in which I have been living for more than 10 years and move to second home (also in California) for a year or possibly even longer.However, I want t...
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A CPA friend and I want to form a limited partnership. He has a great credit score and offers it for me to acquire an unsecured Line of Credit that I will use for earnest money deposit and soft costs associated with t...
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This is an attempt at a non-technical explanation. I intentionally use rounded percentages and simplified formulas, making the numbers incorrect. The purpose is to merely illustrate the idea as simple as possible. Als...