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Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due. However ( and that's here in Oregon) ...
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Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
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Like most of you reading this I realized the massive potential of real estate and thought “Wow How do I get started”. I was 24 years old, broke, but had decent credit. At the time I had a friend who for the purpose of...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
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hi, I live in a townhouse style condo and have both an HOA and a Condo board. The HOA has send me about 3 or 4 threatening letters over the last 6 months for various things. One more recent issue was they had a lawyer...
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Hi there! I'm a new BP user and just had my first property damage. Someone broke into my rental property in Phila, broke a window and damaged the front door. Nothing stolen as far as I can see. My Home insurance deduc...
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Can ya'll share your "lessons learnt" about allowing pets in your rental property ? We have only had one rental property so far and have always had a "No Pet Policy". Now I'm getting ready to market my second one and ...
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Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...