Chris Lynch
How expensive is it to become a broker?
I am wondering how expensive it would be to become an independent broker? Has anyone looked into this? No employees just you.
Gabrielle Martin
Seeking Financing for New Property / Tax Write-Off Gone Bad
Hello BP Community -I made the mistake of making too many rental property write-offs on my tax returns (newbie) and am having trouble getting a loan for a property I have my eye on in Florida ($83K).Does anyone know ...
Bienes Raices
Comingling funds and LLC
Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
James Tatlow
Lender and flood insurance
Hi BP -I have encountered an odd situation that I want to run past the community. I have 2 duplexes under contract. They are right next door to each other but are on separate APNs so the sale is being treated as two...
Kyle Meyers
Looking for a CPA to answer some questions
I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...
Chi Zhang
Material participation while managing renovations at a remote property
Hi BP, I’m in the process of renovating and setting up my first short term rental. The property is about 3 hours drive from my primary residence and I go there once or twice every week to work with my contractors to c...
Corey Dutton
What Has Been Your Biggest Expense in Real Estate Investing?
I had coffee recently with a retired real estate investor of 40 years. We talked about real estate cycles, flipping properties, the meltdown of 2008, and other things. He started telling me about some of his rehab hou...
Mark Chen
Mandatory On Site Property Manager in KS?
Hi All,A buddy and I looking into a 41 unit in a suburb in KS. We were looking at the annual expenses and the current owner has an on-site property manger and pays a separate management fee. It seemed odd that you wou...
Grant Bartel
Introduction: SEO professional on the path to house hack a duplex
Hi everyone, I wanted to introduce myself to this awesome community!I'm Grant and I'm looking to house hack a duplex with the goal of reducing my family's expenses. Ultimately, I want our investments to cover all of o...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...