In 2020 after months of listening to BiggerPockets and analyzing deals. I focused on buying a duplex in Portland, Oregon. On February 8th, 2021 I bought a duplex for $388,000. The tenants who were on a yearlong lease...
I called my mortgage broker this week and learnt about yet another emerging trend that gave me goosebumps! He told me that the agency lenders are now becoming more particular about having key principles on deals the...
Hi,I am currently a Resident of Texas and have 3 rental properties (+ 1 primary home) in Texas and have 1 rental property in Alabama. I am neither a citizen or a green card holder. I will be moving to out of country d...
I have a multifamily house in NJ. My tenants both complained about cockroaches, but the first floor tenant said she also has bed bugs. Knowing this, the cost will be incurred by the landlord. However, should I pay for...
Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
Recently an area where I have rental properties has become a hotspot for bed bugs.Treatment companies are now wanting astronomical rates ($800-$1500) to do treatments on properties. Unfortunately with how prevalent th...
So I have listened to multiple podcast referencing the benefits of having an llc. However I have recently started 3 llc's all in different states , GA, VA, NC,. is there a way to set up all my LLC's to allow for one t...
So when you are doing a rehab, how do you handle categorization of expenses into capital accounts verses expense accounts? Do you even try to keep track of the difference? Any significant renovation to the house cou...
Posting my response to a client's question, in order to get my colleagues input on this issue.Q: I have an investor who is actively investing in real estate on their own & have no f/t job. So spending enough time ...
How do you handle this with a rental? Do you require your tenant to be responsible? If you do, how do you enforce it? If you don't have them be responsible and hire out, how much can a landlord expect to pay? If y...