Hello BP,My brother and I are planning on purchasing a multifamily with an FHA loan to house hack. My brother has a constant monthly salary (web developer), whereas my monthly salary is more random (restaurant server)...
Hello Everyone! Im Carlos Ariel Leyva from Las Vegas, NV. Im currently a food server at one of the hotels, and now I’m trying to get my foot into real estate little by little. Have to start by wetting the toes. Haha I...
What's a good cash flow for a duplex home? Is $400 a month positive cash flow worth all the possible risks and head aches?
I have been managing a 4500 sq ft (3 unit commercial) building for a few months for my aging mother. I will be inheriting a great property but currently she’s almost 30-40% under ASF per ur, plus not its in an LLC bu...
I have several rental properties, some I manage myself and some are managed by a property manager. The manager has started a new procedure where he sends an inspector to create a video for the annual inspection a...
Hello, My tenant has not paid rent since Apr'21. She has been unresponsive to all communication. We have property managers coming over. They are not responding/ opening their door to anyone. There was not much I can d...
I am a Michigan landlord, and I finally had to go forward with an eviction. We attached the Notice of Eviction to the rental property door and mailed a copy of it to the tenant. After the prescribed 7 days we receiv...
I own a rental in High Desert area (Victorville) of Southern California. My tenants did not pay August rent so my property manager served them with the 3-day notice to Pay or Quit. They did not pay so we had to procee...
I have decided to hire a part time bookkeeper. I have been using QuickBooks Pro 2015. Do I just back up the company file and give it to them? I see there is an Accountant Copy that I can make. Is that the smarter way?...