Steve Cheslock
Self Storage - Late Fees
For anyone operating Self Storage facilities... what % of NOI do you see coming from the collection of late fees? Trying to figure out a good ballpark number to use for a pro forma.
Chad Trail
LLC for receiving rent
Can or should I receive rent payments in an LLC if the properties are owned by me as an individual? Also, the properties are all in different states.
Josh Carter
Best Self Directed IRA?
Any recommendations? Currently talking to a company called Equity Trust whose fee is a little above 1%, does anyone know of a self directed ROTH IRA that can do better?
Shweta Bharti
HomeUnion vs RoofStock vs DoorVest
Hi Folks
I am a newbie in real estate area and looking for passive income sources from Rental Properties. I currently live in NY so would look for out of state option only. Being a Software Developer by profession, I...
Moshe Wedeck
LLC for Personal Use
Hi All, Does anyone have experience with use of an LLC or S-Corp for personal use. I am considering using one to serve as a pass through account for various small business ventures. Any information would be appreciate...
Tanner Morrill
Profit Margin Professional STR management
Hey BP community! If you're a professional manager of short term rentals, can you please tell me what your profit margin in and how many units you manage, and are you paying wages to yourself or others? I'm starting a...
Account Closed
CA Title Company said I gotta be Licensed??
BP'ers!So I'm trying to find an "investor friendly" title company. So I started calling title companies and the first one said that it's "frowned upon to make any money at all off of a housing transaction unless you a...
Nik Divakaruni
Recommendations for Bank
Hi BP,I currently live in California and invest in Pittsburgh - we have nearly 60 units in the Pittsburgh area. Currently, we use a property manager (and subsequently their merchant bank account) to manage our financ...
Seth B.
Write offs for an Owner Occupied Duplex
Hi All,I'm doing taxes for 2016 and we have an owner occupied duplex that we lived in all last year (we bought Aug '15).Now I know people that are responding probably aren't going to be certified accountants blah blah...
Susan Tan
Are there banks that don't charge any wire xfer fees?
i remember having to pay $25 wire xfer fee when I was wiring cash to title company. I used Chase personal checking which caps at $25k max for any given wire transfer per day. Are there banks that don't charge any wire...