I have a 50/50 partner in an LLC and we are rehabbing a home with an upstairs and downstairs unit. We have been renting the garage to a guy for storage and have $1250 in income for 2019, and have put about $30,000 in...
Hello all,
In the middle of acquiring my first rental duplex in Ohio as an OOS investor. I have two major questions.
Should I open an LLC for it?Should I open a new checking and savings for it? (mostly what ive read...
I am a new landlord, I have one investment property and I'm already getting sick of making a bunch of different payments on different days each month for the mortgage, utilities, and all the other monthly expenses for...
What due diligence do you do on properties before bidding at a foreclosure auction? I'd imagine ordering a title search, but what else do you check on? The properties I'm considering are primarily going to auction for...
I have a deal closing the end of October for a 4 bedroom house. House rentals usually go for around $1100-1400 in my area but rooms rent for around $450-550. The things that makes me weary about renting rooms is that ...
Hi everyone, My tenant and his girl friend rent a 2 br unit at $975. There lease is expiring in July and they plan to renew. He informed me today, that due to circumstances with his ex-wife, his two young kids will ...
Hi Everyone,I heard that direct mailing folks who have a code infraction might be a good way to generate leads. Are code infractions generally available online the way that owners records are? I live in Franklin Cou...
Hi guys what are you using for bookkeeping apps? Quickbooks won’t work for me unless I get the most expensive option that includes a class system, and even then it’s a bit complicated. I tried Stessa, but it tends to...
Hey guys, Does anybody have a process they follow to gather specific income/expense numbers when searching for an investment property? I need proof of the utility bills and previous rental income, otherwise I'm just t...
Recently my property management has started to collect utility expenses for me on a triplex that does not have separate electricity and water meters. That‘s good. However, to my surprise, they are now charging managem...