Hi BP Community, REI rookie here! I'll be closing on a SFH later this week, where my partner and I plan on renting by the room for medium term rentals (MTR) for travel nurses. There is one hospital within <10 min d...
Hello everyone. I'm new here, so forgive me if I'm asking commonly known questions, or starting a discussion which has been had many times recently. Thanks in advance to anyone who reads and takes the time to respond....
I received a CP2000 notice from IRS and send to my accountant who prepared taxes. The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return. The issue was...
Hello,
I am in the process of purchasing a quadplex in a C class residence. This would be my first investment. Area is low income, 2br/2 bath run anywhere from $650 to $800. This mostly seems working class not indivi...
Hi!I thought I had it all figured out. I was going to invest my money in apartment buildings and use my cash flow to buy more apartment buildings. Now I'm not so sure. Let me back up. My goal is cash flow. I'm interes...
I was reading Brandon Turner's step by step guide on renting home and had a question on the pre-screening tenant section. He recommends setting rental criteria and reviewing it over the phone. I was thinking of lis...
Hello BiggerPockets, I wanted to introduce myself and say hello. My name is Kingsley and I'm a private money lender working in Houston, Texas. Work usually gets in the way of posting but I've enjoyed reading the posts...
Hi everyone! Me and my fiance had to move to another state, and decided not to sell our townhouse, but instead try to rent it out. We hired a management company, to help us with this, since we have no experience and w...
Greetings Bigger Pockets,If you've read my previous posts, I was 30+ days under contract to buy a duplex (bank owned foreclosure) and was only waiting on the appraisal before closing. The VA appraiser discovered it is...
Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...