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Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
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My ex-tenet who moved out *7 months ago* texted me today and demand for a partial refund of her total rental payment (80%) she made for 2 years within 30 days or she will get a lawyer and sue me. #1 She mentioned that...
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I have been reading post over the last number of years about why to go multifamily investing / apartments. I thought it would be great to see what the anticipated monthly cash flow after all expenses are for a success...
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I just moved out of my primary house, which I am converting to a rental. I hired a LifeStyles Unlimited (real estate investors club) recommended vendor from their magic vendor list. Regardless, it appears that this ...
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Hello biggerpocket members,Me and my wife are still relatively inexperienced in the world of Real Estate investing. I considered my self a conservative guy and my strategy is to buy and hold. I have one rental (renta...
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In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
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I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...
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Hi BP Friends, I bought my first rental in San Antonio, TX on 12/31/20. Tenant moved in to start 2 year lease on 3/28/19. Within one week, the plumbing fixtures (toilets, shower, jacuzzi bath, combo shower/tub) backed...
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Everyone's "favorite" time of year is upon us.... I'm talking about tax season!
I’m curious about how much time you all spend prepping for tax season before your CPA (or tax preparer) officially files your returns?...