What is y'alls favorite way of finding deals?Quick background: I have a few rentals at the moment - kind of used the brute force method and put 20-25% down on each of them and a couple of them turned into BRRRRs (left...
My managing partner is an agent and has put together some absentee owner as well as owner occupied lists for a direct mail wholesaling campaign. What is the advantage of using a list sourcing company that compiles yo...
When you're running numbers for a new rental property are you Checking Cash Flow to determine if it's a good deal or are you using Cash on Cash Return??
So my wife and I own one townhouse rental property in Clayton NC and have about 200k-225k in equity. We have only had one family rent it and they have just signed for another 2 yrs ( once that lease ends they will hav...
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
I'm starting the eviction process on a tenant for non-payment in Tennessee. I was planning to send the initial notice to vacate by certified mail/return receipt requested. However, I have used this method in the past,...
I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method. If said dealer operates as an S-corp or partnership - reporting is fairly straightforward. But what i...
Hello PM's or Landlords!I've been in the industry for 6 years as a PM, Maintenance Director, Vacation Rental Management, etc. in Denver, CO, and Breckenridge, CO. I've always struggled with task management/to-do lists...
Is there a way to open up llc for free or at least a lot cheaper then have a CPA do it???
Hello Everyone,
I need advice for how I can Record All Income & Expenses right way,
Here is my story: I just bought a 4-Plex under my personal name & right now tenten paying under my business name.
I want m...