I saw a duplex that I'm interested in. What I want to do is change the legal description of the property to condo or single family so I can do a lease option on both sides of the property. Does anyone have any knowled...
Plan was to pull a HELOC for 25% down payment and then a mortgage for the remainder. Bank came back and said I can only do one with my DTI. My new plan is to pull just a HELOC and buy a foreclosure/auction property wi...
I am in the process of determining if I should change property management with a vacancy. I just had tenants move out last week and Property Management will not do a tenant move out walk through. I have walked the pro...
I'm looking to move my single family houses into an LLC instead of my personal name.
By doing this transaction, will the county recorder consider this a sale of property thereby re-assessing the property value for pr...
Hey everyone, I realize it's been a super long time. I've been finishing up my Financial Planning degree at the University of Alabama. I officialIy finished everything up this Monday, Dec. 2nd! I do have a super tenan...
Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
www.cnbc.com/amp/2021/08/17/fe...
For those of you that are Property Managers (managing rental properties for others) or as owners managing your own properties, are you changing any of your procedures (conducting showings differently, rent collection,...
Dear Savvy Investors,I recently purchased an investment property and due to circumstance did not have my LLC set up in time to put the property in the LLC name. Thus, the property is currently in my personal name (and...