My husband and I want to purchase a 2nd rental property. We have been listening to the podcast and reading the books. It seems like the advice when running the calculators is to budget $100 per unit each for cap ex, m...
Hello there! I'm new to the community. I was told this was a great place for this kind of question.
Context:
I have been a very successful handyman for 2 years, with a prior business degree & past history of run...
Hello,
I'm in Austin, TX and contemplating a flip partnership. My potential partners own the property upon which we intend to tear down and rebuild. I'm seeking some sample partnership agreements and/or opera...
This might not be the right forum, but I thought I'd give it a try. I'm keeping my own books for now. For those of you who are keeping your own books do you typically count your principal, interest, and escrow as oper...
Do my wife and I need to complete an operating agreement for the LLC? We file separate taxes because of her student loans. We talked to a CPA and they suggested filing an operating agreement, since her name is on the...
Does anyone have a Standard Operating Procedure they use when one of your rental units goes vacant? Primarily looking for something that lists the action steps (i.e.-Schedule needed maintenance, take pictures, order l...
I was invited to a Airbnb Mastermind in June from Eric Moeller from Airbnb Profit Club. The summit is in Puerto Rico. I wanted to see if anyone heard of it or is attending. Are these offsite masterminds worth it? Has ...
Hello BP,I have some questions regarding operating multiple rentals under a LLC. I am trying to move my rentals under my LLC, when I do that do I have the payments be directly to my LLC? If so, how would I access the ...
Good morning!I am in the market for a new personal/business computer that I would use for email, bigger pockets and to hold my tax information.I like the idea of the 2-in-one laptop/tablet, but since technology has ch...
Hi Folks, I'm looking to purchase my first 3/2 duplex for around $275k. I plan to occupy one of the sides for the first year and already have tenants for the other side who will pay $1300 per month (tenants will cover...