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I live in nyc and will be buying properties to rehab and hold and rent in Jacksonville, FL in next month or so. I'm going to be setting up a LLC to do this with. Is there a reason I should set up LLC in either Florida...
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My husband and I have 20 doors so far which is great but I have no background what so ever on how to do bookkeeping, finances, excel, etc. Is it worth it to take some property management classes ? We’ve obviously lear...
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Do any of you have experience investing as the general partner with limited partners? As someone with low capital, I believe a partnership where I earn equity through deal making etc. would work. Have any of you execu...
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We're in the middle of renovating a new rental property. In the basement, the dryers were venting out of a basement window. The glass had been taken out and wood put in its place, and it's rotted and looks terrible.Ho...
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Hi BP,
I am hoping someone has advice for me, as I have combed through forums/videos and I cannot seem to find advice FOR a General Contractor looking to buy rental properties. Everything I find relating GC's is on h...
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Hi all. I have been renting out a vacation home I own and for about a year and have successfully run it as a STR via AirBnB. A group will rent it for the summer (just shy of 3 months) and I need to adapt the rules fo...
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Hi guys! Wondering what software/systems you guys use to track income and overall financial health on your portfolios. All of our different properties are in LLC's with the income & expenses attached to a bank acc...
I have 4 rental properties which I have been book keeping by hand for the last couple years. SUCKS! I am now looking for a program/spreadsheet that helps with my income and expenses. I am looking for a free and eas...
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Helllo BP community!I have been working my way through all of the podcasts (I think I am somewhere past 25) and have been reading as many posts and books as I can consume. I look forward to learning and hopefully con...
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Hello Everyone!I am trying to break down different scenarios for a future flip in Chicago and was hoping I can get some feedback from people. I do plan to do this under my own name and not in the name of an LLC(for t...