Hi Everyone, We just launched our first STR and have hired a cleaner. They are a sole proprietor and I am wondering what information I need to collect from them in regards to taxes. Thank you!
Hey there, Long time lurker, first time poster! I have been consulting with various attorneys, and have been getting some mixed messages. Heres the scenario.I have two adjoining properties for sale. They are two separ...
I just bought a duplex and I need someone to cut the grass. The tenants won't do it. I want to hire someone reputable but I've been quoted a $40 minimum. They have workers comp, which is a big plus.
I thou...
I asked my lawyer's paralegal if she could have my lawyer look at the Independent Contractor Agreement J Scott posted. I also asked if he had one he recommended for the state of Pennsylvania.
Here is what I got bac...
Hi BP. I’m looking at several great duplexes and one thing that seems to be a sure thing. They all have window units. I know it’s probably the only thing that makes sense from a tenant billing perspective. Look forw...
Hello, I am again on the verge of purchasing my first unit! A small condo unit in a 4-unit Condo Complex. The numbers work, it cash flows VERY well. If rented right away, I could pay off in 10 years.My problem is fina...
Good day BP!I have a quick question. I have a 3 unit under contract and the local banks and credit unions keep telling me my loan is commercial, but it is a simple 3 unit. I have not run into this problem in the past...
Hi BP, my first post here. Thank you for all your comments in advance.I have been a SFH buy and hold investor and am considering this private money lending opportunity. The plan is to acquire two adjoining parcels in...
Hello fellow BPers, we got this potential 6-unit deal from another investor, and wanted to get your thoughts on the MAO. Price: seller is asking $360kUnits: 6Unit Mix:Three 1 bed's apartments. One 2 Bd apt. and two ho...
Hello there,
I can't find much in my research but I am just wondering the risks being taken if I own a multifamily property but I live in illegal unit as the owner. I know I cannot collect rents against an illegal ...