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I own an insurance agency and over the last 13 months I have bought, rehabbed, and rented 5 SFR’s... I actively manage the properties and I run them like a business. I meet/screen prospective tenants, I cut grass, pai...
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Good afternoon, BP Community!Giving a brief background on myself - I am married with 2 kids living in Northern Kentucky close to Cincinnati, OH. I currently work for a Customs Brokerage and actively studying for the C...
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I have researched this topic and just need a little further verification from more experienced professionals than myself. I will be renting out my first property. When I receive the security deposit I understand that ...
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Just a very short rant here, but I can't help myself. Just finished my taxes and it came to 136 printed pages! That is absolutely NO exaggeration. That's a book. Uncle Sam is requiring his citizens to write a book f...
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^ that's order of operations in case no one knew what I was going for ^I'm looking for some advice from those of you who have multiple rental properties. Thanks in advance~We bought our first rental condo in full last...
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I have a 2 part question: 1. Can you refinance a non confirming loan (its currently a 7 year balloon) We will full payment in 5-6 more years. If yo can refi, any suggestions on with whom? 2. I want o take my old 401k...
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Hi all,
I'm looking for a tax professional who can handle my primary home also being a vacation rental. I need to hire someone who knows how to legally file my personal taxes and whether/how I should also file busine...
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Hi folks -I'm about a couple of years into REI and own a few properties in AR, TN and TX areas. Never visited the properties - all are managed by different PM companies.Im getting ready for the possibility of relocati...
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Should I start a career in real estate in order to start investing in real estate?
As the title states, I’m considering trying to earn a license in real estate as either a broker or agent. My decision for this is bas...
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Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...