Hey BP,I’m 3 months into renting out my first property. I rent out by the rooms and charge a flat monthly fee while I take care of utilities. The PG&E bill has been over $400 and PG&E said its mainly the heate...
My lease, which I bought from a lawyer, says "a reasonable number of guests may stay for up to 72 hours without getting landlord's permission". I was wondering if that was typical of what other people are using in ...
Have an idea and would appreciate everyone's thought.
There is a vacant 3-plex next to a 4-unit that I own. It has been vacant for about 2 years though the owner maintains it and is current on all taxes.
About six ...
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...
Hopefully I'm posting this in the correct area...I've been quietly reading in the background here on Biggerpockets and learning a lot. I'm going to "jump into the game" and start trying to
locate motivated sellers in...
I am part of a local networking group and we will be potentially pooling money to buy and rent out local properties. I was researching Crowdfunding as an easy way to allow us to invest together. I wanted to ask thi...
I understand that the preferred rate of return is eliminated after they are paid back their initial investment. But does the actual equity split change? Assume that at the beginning of the deal Limited Partners put do...
Hello BP community - I have been following BP forums and podcasts for a couple of months and am ready to make an investment in a rental property. I am looking to set up an LLC and use that to buy rental properties to ...
Does a person have to start a company first to start making deals?
Does it have to be an LLC before the first deals or just work under a sole proprietorship?