Hi guys. Just starting reading BP's 'The Book on Tax Strategies for the Savvy Real Estate Investor'. As a real estate investor I've got a question about the owner reserve paid to the property manager when signing a ne...
what type/range of management fees are you paying for 100+ unit complexes in your area? I know many of you will hire your own on site person but if you are hiring out to a PM biz what are they charging you and what ...
Hi, I currently have a relationship with a property management company that has implemented a new accounting practice, that basically puts previous tenants accounts recievables to the property management company direc...
4-unit deal
Purchase Price $105,000
Unit 1: 425 2/1
Unit 2: 400 2/1
Unit 3: 375 1/1
Unit 4: 475 1/1
Monthly Tot Rent: $1,675
OwnExp: Insurance, Lawn, Maintenance, Taxes
Year Built: 1920
ALL UNITS HAVE BEEN CO...
I own a few properties (SFR, duplexes) in various states: CA (2 multis), FL (2 multis), TN (1 SFR). All are sole-proprietorship. Some are paid off, others have mortgages.1: How would you structure these in LLCs (I kn...
I'm a new investor living in/looking in the Cleveland market, interested in cutting my teeth on small multi-family apartment buildings (<10 units). I've been crunching numbers on some of the deals I've seen offere...
I will check with my CPA as well, but am interested in BP members' best practices for setting up bank accounts for rentals. I am transitioning my rentals into LLCs and plan to have a separate bank account for each. I ...
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Up and down duplex, the property is located 5 minutes from a University, middle s...
I own 6 multi-family properties (3-4 units each) all are positive cash flow, I am wondering what is the better approach ?
1. To allocate income/expense to each property on Sch E (as I have done so far) or
2. To decla...
Hello! I am wanting to find out what is the most popular software or program you guys are using to keep track of income and expenses with your rentals. I own 12 units now and looking at around 40 more units in two...