Mary Jay
Can I add someone to an existing lease? (relative or non relative
Hi guys,So I spoke to an attorney and his suggestion is to have every adult person on the lease agreement.So lets say if I come to inspect a unit and someone else lives there in addition to the person who signed a lea...
Mary Jay
How to structure 2 or more member LLC?
Hi guys!One very smart person said:" If you want the multi member LLC because you are unsure if you could be contested in a single member LLC, then find a trusted friend and give them a nominal amount (5% or less) of ...
James Hogan
RE Accounting/Tax Specialist/CPA
Hi everyone!
I am new to BP and the Irving TX area and have 2 RE investments atm. I found BP through an interesting blog about fidning the right CPA and to be honest it seemed kind of general in nature. One of the...
Justin Moy
The Rise of Millionaire Renters in the US
A new kind of tenant has been on the rise in the US, according to a recent analysis by RentCafe. More than 2.6 million high earners are choosing to rent rather than buy their homes, giving rise to the "millionaire ren...
Kevin Sargent
Is anyone using Integrated LED light fixtures?
I need to replace several flush mount fixtures in a duplex and I'm curious if anyone is having any luck using integrated LED fixtures without replaceable bulbs in their rentals. There seem to be many available in the ...
Federico Gianelli
Need advice: best career option to get a RE investor
Hello guys! What kind of job would you recommend as a start for a future investor? I've completed a bachelor in architecture - attending a master in management - and am able to choose from one of these fields as my fu...
Nicky Gonzalez
Conventional Loan Down Payment
Hello! Newbie here just trying to get some advice on my first conventional loan to purchase and rehab a home. Currently living in California, looking to purchase a property in Pennsylvania as an investment. The lender...
Marc V Palmeri
Question for any CPA's regarding HOA taxes
Hi,I recently discovered that my one HOA has been using the same CPA to file Form 1120-H for the Association's taxes every year at a flat fee of $300. I filed the form myself for 2018 and the entire process took mayb...
Claude Hodge
Denver Area Condos
I have decided to look heavily at my first purchase being a Denver / Aurora area condo. One of the biggest factors that I see impacting whether or not it will cash flow is the HOA fees. I know because of the various...
Chase Olson
Property management software
I'm looking into different property management software, and figured BP would be the best place to find the pros and cons of a bunch of different choices. So what are you best pros and cons for the software that you use?