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Hey all we are closing on our first deal and I was wondering how to set up the accounting to benefit me the most.....
Some info I think may help...
We are buying out of state, so we are using a property management c...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
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A bill revising the Biggert-Maxine Waters Flood insurance increase has passed the US House and is expected to pass the US senate shortly. The National Flood Insurance Program is $24 billion in debt from payouts ex...
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It's my first ever real estate deal and i have enough spread on a property that i dont want the motivated seller or end buyer to know what i will be making off the deal. I saw one video saying that i should make a pur...
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Court Strikes Down Eviction Ban
U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nation...
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I'm taking @Brandon Turner advice to heart and I plan to analyze at least 3 deals a day or 90 deals a month. I have a spread sheet that I use to plug and chug. This book gave me the knowledge and background to underst...
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Everyone talks like fix n flipping is dangerous and you could lose your ass doing it.Say I buy 70% below market value - repair costs. Ok, I screwed up and was 10% off on my ARV, another 10% off on my repair budget, an...
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Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
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Here are the numbers and Data:
1918 Duplex6 Bed/2 Baths2,281 sq.ftBanks Asking Price: $99,000My Offering Price: $75,000Estimated Rehab: $50,000Estimated Closing Cost: $3,000ARV: $220,000 (Conservative Estimate by mul...
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I own a house in Portland Oregon and I have an applicant that says they smoke but they’ll do it out side. We have posted we have a strict no smoking and no pets policy in our two unit building. Is it legal for me the ...