Barry Cooley
Newbie tax questions
Ok all you smart BP members, I have a couple of tax questions. I'm new to real estate investing, and haven't made my first purchase yet. I have been trying to get some things in order while looking for a property.
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Ben Roberts
Do I need Quickbooks? Isn't there something better? or cheaper?
I'm a wholesaler from Memphis and lately I've been using an app, Expensify, to help track expenses and mileage. It's fair but not very professional and it doesn't integrate with anything else. I drive a lot to look ...
Philip Pape
How to handle expenses to buy property before LLC created
I am in the process of closing on a property, so I have some expenses such as postage, travel, and such. I'm paying and tracking these under my real estate investing LLC.However, I'm buying the property under a new 50...
Art Maydan
Renting to Out Of State Tenant
I listed the bottom unit in the duplex my wife and I just bought two days ago and haven’t gotten any good prospects yet. I found a tenant through Zumper who’s a business guy in his 50s who’s moving from AZ to Chicago ...
Charlie McVan
Lease examples
Hello!I am currently in the process of buying two homes on one parcel, I will live in one and rent the other, after some TLC. Does anyone have examples of straight forward leases? Has anyone used a two year lease with...
Victoria Silva
How to do managing my property myself
What paper work do I need to get together to begin managing my rental property in Michigan...with the help of my daughter who lives in the same city as our rental property?Thank youVictoria
Regan Coakley
Appraisal fee Houston area
I received a quote of $850 for the appraisal of a $200,000 rental property in Baytown Texas (Houston area). The average appraisal cost for the area seems way lower by Google search. I’m told this includes some sort ...
Sam Leon
Fire extinguisher liability
Was reading up on this and obviously you need to provide what the local fire safety code dictates, but that aside, do you provide fire extinguishers to individual units?Seems more and more are shying away from doing t...
Andi Mysza
Contractor materials markup
I’m new to this site and am already learning a lot. Is there an industry standard markup on materials by contractors? When do I know it’s worth my time to shop for, purchase and pick up materials myself vs having the ...
Dan Wentworth
Analyzing markets question
I'm new to apartment investing & currently researching how to determine the best markets to invest. Trying to calculate supply/demand of a market & looking for a reliable resource helping me determine the cur...