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Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
Are supply cost high for flippers right now? What’s the average price per sqft to rehab in Lakeland? I’d love to chat with other Lakeland investors.
Hi, all.I hired a PM for my portfolio (10 SFH) and the portfolio inside a family trust (50+ SFH). I really enjoy the PM - he's responsive, has a good team of handymen and a couple full-time rehab teams on staff (neces...
I rented a furnished home in Las Vegas, NV, to a fully screened tenant. I used the standard Nevada Residential Lease Agreement from the Greater Las Vegas Association of Realtors. I had to add an addendum for the home...
Hello BP community! * I need your help and sage advice!! *I have a chance to assume a freely assumable loan for a duplex at 3.25% loan rate with a balance of $214,000. It was appraised two months ago for 260k. I bel...
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For an LLC used to purchase or hold property, does having myself and my wife listed together change any legal or tax benefits, as opposed to having it only in my name?
Thanks
Situation: a general contractor signs a project management contract with a developer/owner and agrees to only manage the construction process for the owner; the sub trades will sign contracts with and receive payments...
Hey friends,I recently purchased a property off market and worked directly with the seller to learn about the property and negotiate the deal. They gave a property disclosure statement and stated there were no known r...