I am a small landlord and want to do it right.I currently have 2 rentals . I have a quickbooks self employed account to keep track of my expenses ,miles etc . I heard from a cpa/accountant that you need to have mult...
California's real estate market, particularly in tech hubs like San Francisco, Los Angeles, and San Jose, is experiencing a transformative phase, driven by groundbreaking technological advancements. This article gives...
I'm struggling with the "where do you put your reserves" debate. I'm pretty confident that relying on credit cards and lines of credit may not be wise in a black swan event. In that regard, if you have $50k in a 401...
Hello,I have heard of leasing your short term rental to another LLC that you own in order to minimize tax liability from a video that I watched, but there was no information given on why this is advantageous or the me...
Newbie question. Do buyer broker contracts specify geographical area? For example, I am looking at buying rental properties in Georgia and South Carolina, but can I have two simultaneous buyer-broker contracts for eac...
Do any of y'all in the Houston area rent to tenants with bad credit? I am a Realtor working with a client who has been living in an extended stay motel for the last 2 years because he has bad credit and unable to f...
I have an assignment Lease Option REI business and was wondering do other Lease Option assignment folks pre qualify their tenant buyers before you assign the lease option agreement and if so, exactly what process is u...
So I am pretty sure I know what the answer here is going to be, but here is my first dilemma as a new landlord. Took a few applications the other day. Two qualified groups of tenants. Both groups of 4 young adult roo...
Let me start by saying I am a newbie to the real estate game. I have hustle, but not much else. I'm using that to rapidly increase my knowledge of the industry, and I just came across a graduate degree offered by New ...
Hello all, I am a newbie and about to close on a couple of properties here within the next month. Had a question in regards to how much tax money should I be putting aside each month from my monthly net income. Any fe...